Friday, March 06 2026

SECP cancels Modaraba Management License of LSE Capital Limited
LSE Capital Limited announced on Friday that the Securities and Exchange Commission of Pakistan (SECP) had cancelled its license to operate as a Modaraba Management Company. The listed company disclosed in a notice to the Pakistan Stock Exchange (PSX) today. The notice said that the SECP had accepted LSE’s request “for voluntary de-registration and has de-registered its Modaraba Management Company License with immediate effect under the provisions of the Modaraba Companies and Modaraba (Floatation and Control) Ordinance, 1980”. LSE Capital is licensed as a modaraba management company. Besides carrying the license to act as a consultant on the issue for IPOs and corporate finance advisory services.
Related news categories: business economic-indicators investment-copr psx stock-exchanges
Related symbols: lsecl (news stock)

Wednesday, February 18 2026

SECP issues list of 125 dissolved companies
The Securities and Exchange Commission of Pakistan (SECP) has released a list of 125 foreign companies - comprising branch and liaison offices - that have been formally wound up as of January 20, 2026. The publication also included data from several preceding years, providing a broader historical record of closures. In this regard, the SECP has issued the names of these companies that closed their operations in Pakistan as of January 20, 2026. The list also included past companies that closed their operations in Pakistan as of January 20, 2026. The companies were operating in Karachi, Lahore, Peshawar, and Islamabad, and related to different sectors of the economy, including construction, services, engineering, trading, and oil and gas exploration. Foreign companies were related to Hong Kong, the USA, the UAE, UK, Turkey, China, Malaysia, Singapore, Japan, Australia, Sweden, Bahrain, Cyprus, Afghanistan, Italy, Canada, France, the Netherlands, and other countries.
Related news categories: business investment-copr misc

Monday, February 16 2026

UBL executes Rs20bn Interest Rate Swap with Engro
United Bank Limited (UBL) has successfully executed a PKR 20 billion Interest Rate Swap (IRS) transaction with a subsidiary of Engro, one of Pakistan’s leading conglomerates. This landmark deal further strengthens UBL’s position at the forefront of Pakistan’s developing derivatives and risk management market, following its historic PKR 75 billion IRS transaction earlier this year — the largest such transaction ever concluded in the country. The latest transaction enables Engro to effectively hedge interest rate risk on its long-term local currency exposure, enhancing cash flow visibility and reinforcing its financial risk management framework. The deal reflects growing corporate confidence in sophisticated treasury solutions and signals continued momentum in Pakistan’s evolving financial landscape.
Related news categories: business comm-banks economic-indicators investment-copr psx stock-exchanges
Related symbols: ubl (news stock)