Sindh High Court Sanctions Merger of Crescent Star Foods into PICIC Insurance Limited
PICIC Insurance Limited to issue 7.9 billion shares as Sindh High Court approves merger with Crescent Star Foods under a modified scheme of arrangement.
AGIC Begins Restructuring Plan for AskTech Subsidiary to Streamline Operations
AGIC initiates restructuring of its wholly owned subsidiary AskTech, aiming to reassess operations and improve group efficiency and capital allocation.
Dr Kabir Ahmad Sidhu takes charge of SECP, outlines vision for smarter financial markets in Pakistan
New SECP Chairman Dr Kabir Ahmad Sidhu has outlined priorities including digital licensing, smart compliance, financial inclusion, and capital market stability to strengthen Pakistan’s financial system.
Pak Qatar Family Takaful IPO Oversubscribed 4x with Robust Investor Interest
The public portion of Pak Qatar Family Takaful Limited’s IPO was oversubscribed nearly four times, with investors applying for 47.84 million shares against an issue of 12.5 million, reflecting strong market demand.
TPL Corp Grants Final Approval for Sale of TPL Insurance to Jazz International Holding
TPL Corp Limited has approved the sale of its subsidiary TPL Insurance Limited to Jazz International Holding Limited, subject to regulatory approvals, marking a key development in Pakistan’s insurance and telecom-led investment landscape.
Pak Qatar Family Takaful IPO Oversubscribed, Strong Investor Response at Rs18.02 Strike Price
Pak Qatar Family Takaful Limited (PQFTL) concludes its IPO with a strike price of Rs18.02 per share, receiving Rs1.68bn participation against an issue size of Rs525m, marking a 3.2x oversubscription and strong investor interest.
Islamabad High Court Suspends SECP Directive Against United Insurance Company
The Islamabad High Court has suspended SECP’s directive that halted United Insurance Company’s guarantee business operations, granting interim relief to the insurer while legal proceedings continue.
SECP unveils Draft Women EquiSmart Policy 2025–2028 to advance gender equality in Pakistan’s regulated sectors
The SECP has released its Draft Women EquiSmart Policy 2025–2028, Pakistan’s first structured framework to embed gender equality across capital markets, insurance, non-banking finance, and corporate sectors, inviting feedback from stakeholders nationwide.