Business & Finance News

Karachi: Stylers International Limited has successfully completed the subscription process for its recent rights issue, securing an aggregate amount of PKR 2,303,949,578. This amount corresponds to the full subscription of 52,964,358 right shares, pri...

Lahore: A meeting of the Board of Directors of the Company is set to take place on July 18, 2024, according to a recent announcement. The session, which will be held at the registered office located at 59-Shadman Colony II, Shadman, Lahore, is schedul...

Karachi: The Meezan Pakistan Exchange Traded Fund (MP-ETF) experienced a positive month in May 2024, according to financial data. On May 31, 2024, the net assets of the MP-ETF stood at Rs. 100.00 million, demonstrating a month-over-month increase of 1...

Lahore: In a pivotal move sanctioned by the Lahore High Court on June 26, 2024, MetaTech Trading Limited will be fully integrated into Big Bird Foods Limited, as detailed by the latest Board of Directors' decisions. Following the approval by the Lah...

Karachi: In a significant corporate decision, Dost Steels Ltd has confirmed the approval of its annual general meeting minutes and has significantly expanded its authorized share capital. The extraordinary general meeting, held on July 8, 2024, finali...

Sanghar: Sanghar Sugar Mills Limited has announced a significant transaction involving its Chief Executive Officer, Mr. Ghulam Hyder. On July 4, 2024, Mr. Hyder purchased 20,900 shares of the company at a rate of PKR 24.00 each, through the Central De...

Karachi: KSB Pumps Company Limited, a major player in the industrial pumps sector, has announced the successful subscription of PKR 1,146,513,830 for its right shares issue. This substantial investment was made by KSB SE and Co. KGaA, Germany, its maj...