Allawasaya Textile & Finishing Mills Ltd. Plans Rights Issue

Karachi, Allawasaya Textile & Finishing Mills Ltd. has declared a 25% rights issue. This move aims to provide shareholders the opportunity to augment their shareholdings at a predetermined rate, reflecting the company’s plans for expansion or debt reduction.

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PSX Issues Buy-Back Directive for Three Companies Over Regulatory Non-Compliance

Karachi: The Pakistan Stock Exchange (PSX) has issued a compulsory buy-back directive to the sponsors and majority shareholders of three companies, following their continued failure to comply with specific financial regulations. The companies have bee...

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