Towellers Limited Exceeds Expectations with Rising Dividend Rates

Karachi, Towellers Limited (TOWL), has outperformed expectations by increasing its dividend rate from 120% in the previous fiscal year to 130% for 2024. The company’s robust financial health is reflected in its daily weighted average rate of Rs. 158.75 and a paid-up capital of Rs. 170.00 million. Since its inception on the PSE in 1995, Towellers Limited has consistently demonstrated financial growth and stability.

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PSX Issues Buy-Back Directive for Three Companies Over Regulatory Non-Compliance

Karachi: The Pakistan Stock Exchange (PSX) has issued a compulsory buy-back directive to the sponsors and majority shareholders of three companies, following their continued failure to comply with specific financial regulations. The companies have bee...

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