Karachi, February 6, 2026 — In a major corporate development, K-Electric on Friday confirmed that its Chief Executive Officer, Syed Moonis Abdullah Alvi, has resigned from his position shortly after receiving clearance in a high-profile harassment case.
(more…)Category: Corporate
-
MCB Bank posts over 6% decline in profit for CY25
Karachi: MCB Bank Limited has reported a decline of more than 6 percent in its annual profit after tax for the calendar year ended December 31, 2025, according to financial results shared with the Pakistan Stock Exchange (PSX).
(more…) -
Sindh Governor Sets Aside K-Electric CEO Harassment Case Order
Karachi, February 3, 2026 – The Governor of Sindh has officially set aside the order issued by the Provincial Ombudsman against the Chief Executive Officer (CEO) of K-Electric Limited (KE) in a high-profile women harassment case. The disclosure was made by K-Electric in a communication to the Pakistan Stock Exchange (PSX) on Tuesday.
(more…) -
NBP extends banking facility restructuring offer to Hascol Petroleum
Karachi, February 2, 2026 — The National Bank of Pakistan (NBP) on Monday issued an offer letter to Hascol Petroleum Limited regarding the restructuring and rescheduling of its banking facilities and financial accommodations.
(more…) -
Jazz selects Iris Digital for three-year creative partnership
Karachi, January 28, 2026 – Symmetry Group Limited has announced that its wholly owned subsidiary, Iris Digital (Private) Limited, has been selected as the preferred bidder by Jazz after the successful completion of commercial and technical evaluations for multiple high-value digital and creative mandates.
(more…) -
Honda Atlas Cars Pakistan posts record 116% profit growth in nine months
Karachi, January 27, 2026 – Honda Atlas Cars (Pakistan) Limited has reported an exceptional financial performance, recording more than 116 percent growth in profit after tax for the nine-month period ended December 31, 2025.
(more…) -
PSX sets Rs700 per share as minimum buyback price for Gillette Pakistan delisting
Karachi, January 27, 2026 – The Pakistan Stock Exchange (PSX) has recommended a minimum buyback price of Rs700 per share for Gillette Pakistan Limited as part of its proposed voluntary delisting from the exchange.
(more…) -
Mari Energies announces gas discovery in Dera Bugti, Balochistan
Karachi, January 26, 2026 — Mari Energies Limited on Monday announced a significant gas discovery in the Dera Bugti District of Balochistan, marking a positive development for Pakistan’s upstream energy sector.
(more…) -
SAZEW TANK 500 SUV launch drives earnings growth for investors
Karachi, Jan 22, 2026 – Sazgar Engineering Works Limited (PSX: SAZEW) has officially opened bookings for the TANK 500 SUV, marking a strategic move into Pakistan’s fast-growing premium SUV market.
(more…) -
Sazgar announces booking schedule for Tank-500 Hi4-Turbo PHEV & HEV in Pakistan
Karachi, January 21, 2026 – Sazgar Engineering Works Limited has officially announced the booking schedule for its highly anticipated Tank-500 4X4 Hi4-T 2.0L Turbo AT, including both PHEV (Plug-in Hybrid Electric Vehicle) and HEV (Hybrid Electric Vehicle) variants.
(more…)