Business & Finance News

Karachi: In a significant financial move, Mr. Muhammad Faisal Ahmed, Chief Executive of Artistic Denim Mills Ltd., has acquired 3.5 million shares of the company, escalating his total shareholding to 76.53 million shares, which represents 91.107% of t...

Karachi: Meezan Cash Fund (MCF) has reported a positive return of 21.22 percent for its investors for the year ended June 30, 2024. The fund, which primarily invests in Shariah-compliant money market instruments and Islamic bonds (Sukuks), has demonst...

Karachi: The Meezan Financial Planning Fund of Funds (MPFF), an open-end Shariah-compliant investment scheme, reported a notable performance for the fiscal year ended June 30, 2024. The fund, which is designed to cater to various investor risk prefere...

Karachi: Meezan Asset Allocation Fund (MAAF) has shown a significant growth in its asset value during the fiscal year ending on June 30, 2024, achieving a notable return of 60.44% despite slight underperformance against its benchmarks. The fund's net ...

Lahore: Shadman Cotton Mills Limited, located on Warburton Road near Chandi Kot Stop, has been granted an extension for holding its Annual General Meeting (AGM) and for the submission of its annual and quarterly financial statements, as confirmed by o...

Karachi: Nazir Cotton Mills Limited has concluded its fiscal year 2023-2024 with a transition to a new management team, which is set to implement innovative strategies aimed at enhancing the company's operational efficiency and future growth prospects...

Karachi: In a significant transaction recorded on October 10, 2024, Ibrahim Holdings (Pvt.) Ltd., a substantial shareholder, further cemented its control over the company by acquiring additional shares. According to information available from the Paki...