K-Electric Appoints Shaheryar Chishty as Board Chairman Following Extraordinary General Meeting
K-Electric officially appoints Shaheryar Chishty as Chairman of the Board as part of a leadership restructuring following recent executive changes.
Diamond Industries Clarifies Shariah Compliance and Announces Business Resumption
Diamond Industries Limited (DIIL) clarifies its Shariah status to the PSX and announces the official resumption of business operations after a three-year suspension.
Dr Fakhara Rizwan Joins Mobilink Bank as Chief of Strategic Initiatives and Corporate Affairs
Mobilink Bank appoints Dr Fakhara Rizwan as Chief Strategic Initiatives and Corporate Affairs to lead governance and sustainable growth initiatives.
Habib Metropolitan Bank Re-elects Chairman and Reappoints CEO for New Term
Habib Metropolitan Bank confirms the re-election of Mohamedali R. Habib as Chairman and the three-year reappointment of Khurram Shahzad Khan as President and CEO.
SECP Issues Show-Cause Notices to 41 SOEs Over Financial Reporting Failures
The SECP cracks down on 41 state-owned enterprises, including Pakistan Steel Mills and PTV, for failing to file audited accounts and annual returns.
Amin A Feerasta Re-elected as Soneri Bank Chairman for Three Year Term
Soneri Bank Limited announces the re-election of Amin A Feerasta as Chairman of the Board for a new three-year term following a recent board meeting and PSX filing.
Wilmar International Records $150 Million Loss on Unity Foods Investment in Pakistan
Wilmar International reports a $150 million provision linked to its 42% stake in Unity Foods Pakistan amid financial inconsistencies and leadership exits, while maintaining strong overall FY2025 performance.
HBL Reappoints Muhammad Nassir Salim as President and CEO for Two-Year Term
Habib Bank Limited reappoints Muhammad Nassir Salim as President and CEO for another two years from April 30, 2026, subject to regulatory approvals, reinforcing leadership continuity.
Habib Bank Transfers Nearly 4 Million Shares to Employees Under Deferred Compensation Program
Habib Bank Limited credits 3,965,914 shares to employees under its Risk Aligned Remuneration Policy, ensuring compliance with PSX regulations and Securities Act 2015, enhancing long-term incentive alignment.
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.