ISLAMABAD: Total number of companies registered with the Securities and Exchange Commission of Pakistan (SECP) has increased to 143,416 with new incorporation of 1,597 in May 2021, a statement said on Friday. According to the statement SECP registered 1,597 new companies in May 2021, witnessing a growth of 107 percent as compared to corresponding period […]

ISLAMABAD: The total number of registered companies with the Securities and Exchange Commission of Pakistan (SECP) with addition of 2,185 new company registration in April 2021, a statement said on Wednesday. The SECP said that the company registration has been increased by 186 percent in April 2021 as compared with the same month of the […]

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has proposed amendments to introduce concept of Special Purpose Acquisition Company (SPAC). A statement issued on Thursday stated that to introduce the SPAC, the SECP has proposed amendments to the Public Offering Regulations, 2017 to solicit public comments. SPAC is a new concept for Pakistan’s capital […]

ISLAMABAD: Securities and Exchange Commission (SECP) on Wednesday notified guidelines for issuance of convertible debt securities in Pakistan through both private placement and public offering mode. The SECP issued the following guidelines: Steps involved in Private Placement: i. Requisite approval under section 83 of the Companies Act, 2017 for further issue of share capital in […]

ISLAMABAD: Securities and Exchange Commission (SECP) on Tuesday issued a notification to revise previous SRO regarding list of persons to whom any instrument in the nature of ‘redeemable capital’ may be issued by a company. The SECP notified the following persons to whom any instrument in the nature of “redeemable capital” may be issued by […]

ISLAMABAD: The total number of registered companies with Securities and Exchange Commission of Pakistan (SECP) has reached to 139,620, a press release said on Friday. Out of the total registered companies, 118,280 companies are active, which accounts for 85 percent of total companies which are filling their annual returns, it added. The SECP said that […]

ISLAMABAD: Securities and Exchange Commission of Pakistan (SECP) on Wednesday said that private companies especially startups are allowed to offer ownership right to their employees as non-monetary compensation for their intellectual services and promotion of their business. Employee Stock Option Plan (ESOP) is a popular method of attracting, motivating, and retaining employees. Stock Option Plans […]

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SEC) on Tuesday advised the general public to verify legitimacy of entities before investing their hard-earned money and savings. The regulator in a statement said that in order to promote protection of investors and the public interest, it regularly issues warnings and alerts, guiding the general public […]