PPL Appoints Shahid Khan as Board Chairman for Three-Year Term
Pakistan Petroleum Limited has appointed independent director Shahid Khan as chairman of its Board of Directors for three years under the Companies Act, 2017.
SECP Issues Notices To 28,761 Companies Over Ultimate Beneficial Ownership Disclosure
SECP has issued show cause notices to 28,761 companies for failing to submit mandatory Ultimate Beneficial Ownership details through Form 19 under the Companies Act, 2017.
Yousaf Weaving Mills Receives SECP Approval for Debt to Equity Conversion Involving 36.35 Million Shares
Yousaf Weaving Mills Limited has gained regulatory approval from the SECP to convert a 363.5 million rupee loan from its CEO into equity to strengthen its balance sheet.
SECP Mandates UBO Disclosures to Align Pakistan Banking and Corporate Governance with IMF Standards
The SECP has launched a nationwide drive requiring companies to disclose Ultimate Beneficial Owners by April 30, 2026, to curb illicit financial flows and meet IMF benchmarks.
Engro Holdings Announces Massive 45 Million Share Buyback to Boost Shareholder Value
Engro Holdings Limited plans to repurchase 45 million ordinary shares, representing 3.73% of its total equity, to improve cash flow and provide exit liquidity.
SECP Flags Governance and Filing Violations by Power Sector Companies
SECP has issued compliance notices to seven power sector entities for failing to meet statutory filing and governance requirements under the Companies Act, 2017, including missing annual returns, financial statements, and mandatory board appointments.
SECP Proposes Key Changes to Companies Act 2017 to Streamline Corporate Compliance and Promote Digitalisation
The SECP and BoI have proposed major amendments to the Companies Act 2017 to reduce regulatory burdens, enhance digitalisation, improve corporate governance, and foster a business-friendly environment in Pakistan.
SECP Unveils 183 Proposed Amendments to Companies Act 2017 to Streamline Corporate Compliance
The Securities and Exchange Commission of Pakistan (SECP) has proposed 183 amendments to the Companies Act 2017, aiming to reduce regulatory burdens, enhance digitalisation, and improve corporate governance in Pakistan.
SECP Publishes Draft Regulations to Prohibit MLM, Pyramid and Ponzi Schemes in Pakistan
The Securities and Exchange Commission of Pakistan has issued draft regulations to outlaw multi-level marketing, referral marketing, pyramid and Ponzi schemes, inviting public feedback within 14 days.
Systems Limited Announces Acquisition of Confiz Pakistan Through Amalgamation
Systems Limited has approved the acquisition of Confiz Pakistan, merging the company under a Scheme of Arrangement pending shareholder, regulatory, and Lahore High Court approvals, marking a major move in Pakistan’s tech sector.