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.
SECP Approves Change of Management Control of First IBL Modaraba to ZTP Private Limited
SECP grants approval for change of management control of First IBL Modaraba in favor of ZTP Private Limited under Securities Act 2015, subject to regulatory requirements.
LSE Ventures receives SECP corporate restructuring license to acquire and revive distressed companies
LSE Ventures Limited has obtained a Corporate Restructuring Company license from SECP, enabling it to acquire non-performing assets and undertake restructuring and revival of distressed businesses in Pakistan.
Bank Makramah Secures Islamabad High Court Approval for Restructuring Scheme
Bank Makramah receives Islamabad High Court approval for its restructuring scheme, enabling share capital adjustment, issuance of new shares to GHDL shareholders, and compliance with regulatory capital requirements.
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.
LSE Financial Services Revises Entitlement and Book Closure Timeline for Share Distribution Under Court-Approved Scheme
LSE Financial Services adjusts entitlement and book closure dates for its share distribution process following the Lahore High Court-approved Scheme of Arrangement, with the new schedule set for November 2025 and detailed allocation ratios confirmed.
SECP Releases Detailed FAQs on Mergers, Amalgamations, and Winding Up of Companies
The Securities and Exchange Commission of Pakistan has issued detailed FAQs to guide companies, legal practitioners, and advisors on mergers, winding up, and revival processes, simplifying regulatory compliance and supporting corporate restructuring.