Cordoba Leasing Limited, a Subsidiary of Cordoba Logistics and Ventures, Receives SECP License for Investment Finance Services

Karachi, Cordoba Logistics and Ventures Limited has disclosed significant information regarding its wholly-owned subsidiary, Cordoba Leasing Limited (CLL). This disclosure, made on January 22, 2024, is in compliance with Section 96 of the Securities Act, 2015 and Clause 5.6.1 of the PSX Regulations.

The Securities and Exchange Commission of Pakistan (SECP) has granted CLL, a Non-Banking Finance Company, a license to operate as an Investment Finance Company. This license authorizes CLL to provide Investment Finance Services, specifically restricted to Conventional Lending/Advance to small and medium-sized enterprises (SME/MSME). This development represents a strategic expansion in CLL’s service offerings and market reach.

Cordoba Logistics and Ventures Limited, with its registered office located at 4th Floor, Eden Tower, Main Boulevard, Gulberg III, Lahore, has made this announcement through its Company Secretary, Mr. Syed Ali Jawwad Jafri. The contact number provided for further information is +92 42 3579 0290-92. This advancement in CLL’s operational capabilities is a significant step for the company, positioning it to contribute more effectively to the financing needs of SME/MSME sectors.