The Government of Pakistan and the Pakistan Stock Exchange (PSX) have described FY2026 as a landmark year for the country’s debt market, highlighting record Sukuk issuance, stronger capital market financing, and improved debt management indicators during a joint investor briefing. The figures were presented at an investor session organized by the Pakistan Stock Exchange (PSX)…
SG Power Limited has officially transformed its business strategy by changing its principal line of business from power generation to the healthcare and pharmaceutical industry. The transition marks a significant milestone for the company as it seeks to capitalize on emerging opportunities in Pakistan’s growing healthcare market. The company announced the development through a notice…
Citi Pharma Limited has announced a major expansion move by planning to acquire 100 percent shareholding of Pakheim International Pharmaceuticals (Private) Limited, a Lahore-based medicine manufacturer. The acquisition is part of the company’s broader strategy to strengthen its position in Pakistan’s growing pharmaceutical sector. According to a notice submitted to the Pakistan Stock Exchange, the…
Crescent Star Insurance Limited has announced a significant corporate development after the Sindh High Court approved a scheme of arrangement for the merger of its subsidiary, Crescent Star Foods Pvt Ltd, into PICIC Insurance Limited. The update was formally disclosed through a notice submitted to the Pakistan Stock Exchange. Under the court-approved plan, Crescent Star…