Business & Finance News

S.G. Power Limited Director Sells Shares, Transaction to Be Reviewed by Board

Karachi: S.G. Power Limited has disclosed that Mr. Sohail Ahmed, Chief Executive and Director, executed a sale of 1,100 shares of the company on September 3, 2024. According to information available from the Pakistan Stock Exchange (PSX), the shares w...

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Suspension of Trading in Bank Alfalah’s Term Finance Certificate Announced

Karachi: Bank Alfalah Limited has declared a temporary suspension of trading for its Term Finance Certificate (TFC), specifically the [BAFLTFC6], in anticipation of its upcoming 13th profit payment. The trading suspension will commence on September 10...

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Dadabhoy Construction Technology Limited Faces Penalty for Non-Compliance with PSX Regulations

Karachi: Dadabhoy Construction Technology Limited has been penalized for failing to conduct its Annual General Meeting (AGM) within the regulatory timeframe for the financial year ended June 30, 2022. The Pakistan Stock Exchange (PSX) regulations mand...

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Zafar Securities Penalized for Non-Compliance with Anti-Money Laundering Regulations

Lahore: Zafar Securities (Private) Limited has been fined for failing to adhere to the anti-money laundering (AML) regulations set by the Securities and Exchange Commission of Pakistan (SECP), as the company did not properly verify the source of signi...

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PSX Extends Suspension of Apollo Textile Mills Shares Amid Compliance Failures

Karachi: In a recent development at the Pakistan Stock Exchange (PSX), trading in the shares of Apollo Textile Mills Limited has been further suspended. The extension, effective from September 04, 2024, follows the company's continued non-compliance w...

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