Wilmar International Takes Management Control of Unity Foods After Shareholders Agreement
Wilmar International assumes immediate management control of Unity Foods Limited following a shareholders agreement signed with Farrukh Amin, with new leadership appointments already in place.
SSGC Appoints Muhammad Amin Rajput as Managing Director and CEO for Three Year Term
Sui Southern Gas Company names Muhammad Amin Rajput as Managing Director and CEO for three years, formalizing his leadership after serving as interim head since February 13.
SECP Approves Full Digitization of Share Ownership for Unlisted Companies Through CDS
SECP initiates second phase of reforms to convert physical share certificates of unlisted companies into electronic book-entry form via CDC’s Central Depository System, boosting transparency and investor protection.
SECP Launches Second Phase to Digitise Shares of Unlisted Companies via CDS
SECP initiates second phase of reforms to transition unlisted companies’ physical shares into electronic book-entry form, enhancing transparency, security, and ease of share transfers through the Central Depository System.
Jazz International Acquires Controlling Stake in TPL Insurance, Boosting FDI in Pakistan’s Insurance Sector
SECP approves Jazz International’s acquisition of TPL Insurance, marking a key milestone for foreign investment and digital insurance growth in Pakistan, while supporting regulatory reforms and market development.
Pakistan Stock Exchange Appoints Muhammad Junaid Khalid as New Company Secretary
Muhammad Junaid Khalid has been appointed as the new company secretary at Pakistan Stock Exchange, succeeding Dr. Fakhara Rizwan, taking charge of governance, corporate affairs, and compliance.
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 Clears Signature Residency REIT IPO, Fifth Listing on PSX in FY26
SECP approves Signature Residency REIT IPO, offering 8.25 million units to the public. The move strengthens capital formation, financial inclusion, and investor options on Pakistan Stock Exchange.
SBP Allows Banks to Increase Directors’ Board Meeting Fees by Up to 50 Percent
The State Bank of Pakistan has revised corporate governance rules, allowing commercial banks to raise board meeting fees by up to 50 percent, with higher caps linked to asset size and profitability.
SECP Recognized as Reforms Champion, Accelerates Corporate Regulatory Modernization in Pakistan
The Securities and Exchange Commission of Pakistan (SECP) has been recognized as a “Reforms Champion” by Prime Minister Muhammad Shahbaz Sharif for its leadership in easing business, digital transformation, and modernizing corporate regulations through National Regulatory Reforms.