JS Bank Substantially Increases Equity Footprint in TRG Pakistan to Near Thirty Percent via Collateral Enforcement
JS Bank Limited has effectively doubled the joint equity holdings of JS Group in TRG Pakistan Limited to twenty-nine point three three percent through a multi-billion rupee security enforcement.
PSX Tightens Regulatory Grip as Three Companies Face Extended Suspension and Escorts Investment Bank Relegated
The Pakistan Stock Exchange has extended the suspension of Al-Abid Silk Mills, Dewan Salman Fibre, and Fatima Enterprise, while placing Escorts Investment Bank in the non-compliant segment.
PSX Extends Trading Suspension for Eight Non-Compliant Listed Companies
The Pakistan Stock Exchange maintains a 60-day trading suspension for eight companies starting March 31, 2026, due to continued regulatory and financial breaches.
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.
Jazz International Holding to Acquire TPL Insurance Shares, Superseding VEON Group
Jazz International Holding Limited confirms acquisition of shares and control of TPL Insurance, replacing VEON Group. Addendum filed under Securities Act 2015 and Substantial Acquisition Regulations 2017.
Next Capital Becomes First Broker to Secure SECP’s Securities Manager License
Next Capital Limited has received approval from the Securities and Exchange Commission of Pakistan (SECP) to operate as a Securities Manager, becoming the country’s first securities broker to hold this license. The milestone allows the firm to expand into portfolio management and investment advisory services.
PSX Suspends Trading of Eight Companies Over Regulatory Non-Compliance
The Pakistan Stock Exchange has suspended trading in shares of eight listed companies due to multiple regulatory breaches, including failure to hold AGMs, submit audited accounts, pay dues, and comply with CDS requirements.