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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...

Lahore: Altern Energy Limited has scheduled a board meeting for October 14, 2024, in Lahore to discuss the potential declaration of an interim dividend for the year 2025. The meeting, set at Lahore. Salman Ali, the company secretary, conveyed the de...

Karachi: In a significant move within the energy sector, Siemens AG has finalized the sale of its Energy Business Segment to Siemens Gamesa Renewable Energy (Private) Limited. This transaction, approved by Siemens AG's Board of Directors, carries a to...

Karachi: EFG Hermes Pakistan Limited (EFGH) announced the approval of its merger with IMS Securities Limited (IMS) following the sanction of the Scheme of Arrangement by the Honourable High Court of Sindh. According to the disclosure issued by EFG Her...

Karachi: The Meezan GORP Pension Fund (MGOFRPP), which primarily invests in Shariah-compliant stocks and debt instruments, has reported a significant increase in assets for the period ending December 14, 2023. According to information available from...

Karachi: The Meezan Strategic Allocation Fund – II (MSAF – II) achieved significant returns in fiscal year 2024, posting a net income of Rs. 78.00 million. The fund, which focuses on strategic asset allocation between Shariah-compliant fixed income an...

Karachi: In a significant organizational shift announced on October 14, 2024, Lucky Cement Limited has reported a reshuffling of its top executives. Mr. Muhammad Sohail Tabba has been named as the new Chairman of the Board of Directors, and Mr. Muhamm...