Faysal Bank Boosts Subsidiary FICECL with Rs. 200 Million Rights Issue
Faysal Bank Limited (FABL) has injected Rs. 200 million into its subsidiary FICECL via a rights issue to comply with regulatory capital requirements, supporting the growth of its forex exchange operations.
Amreli Steels Allots 40 Million Shares to Sponsor, Boosts Paid-Up Capital to Rs3.37 Billion
Amreli Steels Limited raises Rs1 billion by issuing 40 million ordinary shares to existing sponsor Shayan Akberali, increasing paid-up capital to Rs3.37 billion and reinforcing financial strength.
BlueEx Transitions from GEM Board to PSX Ready Board, Pioneering Capital Market Move
BlueEx Limited becomes the first company to migrate from Pakistan’s Growth Enterprise Market (GEM) Board to the PSX Ready Board, receiving dual approval from SECP and PSX, with plans for a public offering of 1 million shares.
Amreli Steels Secures SECP Approval for Rs1 Billion Share Issuance to Support Debt Restructuring
Amreli Steels Limited has received SECP approval to issue 40 million shares valued at Rs1 billion to sponsor Shayan Akberali, marking a major step in its debt restructuring strategy and financial stabilization plan.
PMEX–NCMCL Integration Sets Stage for Digital Transformation in Pakistan’s Agriculture
SECP’s approval of PMEX’s majority acquisition of NCMCL marks a major shift for Pakistan’s agricultural market, strengthening the Electronic Warehouse Receipt system and paving the way for modernized commodity trading and farmer financing.