SECP Issues Notices To 28,761 Companies Over Ultimate Beneficial Ownership Disclosure
SECP has issued show cause notices to 28,761 companies for failing to submit mandatory Ultimate Beneficial Ownership details through Form 19 under the Companies Act, 2017.
BAPL To Raise Rs5.99 Billion Through Rights Issue For ASSML Project
Bawany Air Products Limited will issue nearly 600 million shares to raise Rs5.99 billion for working capital and completion of its subsidiary ASSML’s sugar plant.
NCCPL Launches Minor Trading Account for Investors Under 18
NCCPL has launched a Minor Trading Account allowing individuals under 18 to participate in Pakistan’s capital market through dedicated KYC onboarding, guardian linkage and automated monitoring controls.
SECP Introduces One Day Investor Account Opening Timeline For Eligible Accounts
SECP introduces a consolidated investor onboarding framework, reducing processing time for eligible Sehl and Sahulat accounts to one working day.
SECP Makes Stock Market Investing Faster With Digital Onboarding
SECP introduces a unified digital investor onboarding framework with faster account processing, 24/7 access, reduced verification and API-based processing.
SECP Proposes New Venture Capital Law To Expand Startup Funding In Pakistan
SECP has proposed a new Venture Capital Bill to improve startup funding, attract domestic and foreign investment and establish a dedicated regulatory framework.
PSX Appoints Aadil Naeem Khan as Independent Director to Fill Board Vacancy
Pakistan Stock Exchange has appointed Aadil Naeem Khan as an independent director following SECP approval, filling the board seat vacated after Dr Shamshad Akhtar’s demise.
UBL Shareholders Approve Up To Rs22 Billion Investment In Khushhali Microfinance Bank
UBL shareholders approve an investment of up to Rs22 billion in Khushhali Microfinance Bank through a discounted rights issue, subject to regulatory approvals.
SECP Moves Venture Capital Bill Forward to Unlock Funding for Pakistani Startups
SECP shares draft Venture Capital Bill with BOI for consultation, proposing simpler regulations to attract investment and expand funding for Pakistani startups.
Pakistan Can Become Major Player In Global Halal Economy Through Islamic Finance And Fintech
ICCD Secretary General Yousef Hassan Khalawi says Pakistan can expand its role in the global Islamic economy through Shariah compliant finance, fintech, agriculture and stronger regulations.