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.
SECP Begins Specialized Training for SOEs and Privatization Teams on Corporate Restructuring Frameworks
The SECP launches a structured training program for officials of state-owned enterprises and the Privatization Commission, focusing on merger, amalgamation and restructuring rules as Pakistan advances reforms for public-sector efficiency.
JS Infocom Approves Share Buy-Back of Up to 60 Million Shares to Strengthen Balance Sheet
JS Infocom Limited, a subsidiary of Jahangir Siddiqui & Co. Ltd., has approved a buy-back of up to 60 million shares at Rs. 10 each to optimize its balance sheet and enhance shareholder value, in compliance with the Companies Act 2017 and SECP regulations.