Business & Finance News

Lahore: Nazir Cotton Mills Limited has announced an Extraordinary General Meeting (EOGM) scheduled for July 27, 2024, to elect new directors and adopt digital methods for distributing financial statements to shareholders. The meeting will focus on t...

Karachi: The Alfalah Consumer Index ETF (ACIETF) has commenced the reallocation of its portfolio following a recent rebalancing of the underlying index on June 28, 2024. This adjustment is in line with Section 96 of the Securities Act, 2015, Clause ...

Lahore: Jubilee Spinning and Weaving Mills Limited is close to securing a crucial No Objection Certificate (NOC) from the National Bank of Pakistan (NBP), a significant step towards the company’s planned name change. The management has been diligent...

Islamabad: The Bank of Khyber has announced a board meeting to be held on July 12, 2024, at its headquarters in Islamabad. The gathering is set to discuss critical agenda items that fall under the board’s oversight, reflecting pivotal governance activ...

Karachi: Haji Mohammad Ismail Mills Limited continues to face significant challenges, including ongoing legal proceedings and difficulties in securing investors for restructuring. The company's troubles began in 2017 when the Securities and Exchange...

Karachi: A significant share purchase by a substantial shareholder in First Elite Capital Modaraba has been officially recorded and disclosed. Nauman Rathore, categorized as a substantial shareholder, acquired 9,500 shares of First Elite Capital Mod...

Karachi: United Bank Limited (UBL) has successfully completed the sale of its shareholding in United National Bank Limited (UNBL), UK, as confirmed today. The transaction, finalized on July 5, 2024, followed all necessary regulatory approvals as req...