Business & Finance News

Karachi, AL-Ghazi Tractors Ltd. has announced to the Pakistan Stock Exchange (PSE) the closure of its transfer books from April 19, 2024, to April 25, 2024, without any dividend or bonus/rights issue to its shareholders. The announcement indicates a p...

Karachi, Telecard Limited's Term Finance Certificate offering, TELETFC, which had a tenure of six years and an interest rate pegged at 3M KIBOR + 0%, has reached its maturity. The company had issued these certificates with a total size of PKR 2.4 bill...

Hyderabad, In a recent financial announcement, Sindh Abadgar's Sugar Mills Ltd. (SASML) declared a 20% distribution for the year 2024, accompanied by an EPS of Rs. 18.64 for the January-March 2024 period. The company, with a paid-up capital of Rs. 104...

Karachi, IGI Holdings Limited has disclosed a 40% final dividend payout to its shareholders, as per the latest filing with the Pakistan Stock Exchange. The transfer books of the company will be closed from April 23, 2024, to April 29, 2024, with the b...

Islamabad, In a significant corporate development, AN Textile Mills Limited has announced the appointment of Mr. Aizad Amer as its new Chief Executive Officer. The appointment, effective from March 30, 2024, comes as a part of the company's compliance...

Karachi, MCB Investment Management Limited (MCBIM), a prominent name in the investment banking sector, has declared a 35% interim profit distribution for the first quarter of January to March 2024. The company, listed on the Pakistan Stock Exchange (P...

Karachi, Fecto Cement Ltd (FECTC), listed on the Pakistan Stock Exchange, reported no distributions for the first quarter of 2024. The company's share price today was Rs. 29.50, with a daily weighted average rate of Rs. 29.08. Fecto Cement has a paid-...