Amendments to the Companies (Further Issue of Shares) Regulations, 2020

PART II
Statutory Notifications (S. R. O.)
GOVERNMENT OF PAKISTAN
SECURITIES AND EXCHANGE COMMISSION OF PAKISTAN Islamabad, the 13th January, 2026 NOTIFICATION S.R.O.64(I)/2026.- In exercise of the powers conferred under section 512 read with sections 58, 82, 83 and 83A of the Companies Act 2017 (XIX of 2017), the Securities and Exchange Commission of Pakistan is pleased to make the following amendments in the Companies (Further Issue of Shares) Regulations, 2020, the same having been previously published in the official Gazette vide Notification No. S.R.O. 2078(I)/2025, namely: - AMENDMENTS In the aforesaid Regulations. - (1) in regulation 3, sub-regulation (2), - (a) in clause (i), after the first proviso, the following new proviso shall be inserted, namely:- “Provided further that clause (i) shall not apply if the aforesaid persons obtain No Objection Certificate from the respective financial institution(s), in relation to right issue.”; and (b) in clause (iv), in sub-clause (a), in paragraph (iii), the expression “along with the application” shall be omitted; (2) in regulation 5, sub-regulation (1), clause (ii), sub-clause (n), in paragraph (iii), the expression “along with the application” shall be omitted; (3) in regulation 13, in the beginning, a marginal heading “Fees” shall be inserted; and (4) in Schedule I, - (a) in clause (3), for sub-clauses (iv), (v) and (ix), the following shall be substituted, namely: - “(iv) THE DRAFT OFFER DOCUMENT WAS PLACED ON THE WEBSITE OF THE SECURITIES EXCHANGE AND THE ISSUER, IF PUBLIC COMMENTS ARE SOUGHT, ON ________ (I.E. WITHIN 3 WORKING DAYS OF THE DATE OF ANNOUNCEMENT BY THE BOARD). (v) PUBLIC COMMENTS WERE SOUGHT FOR A PERIOD OF 5 DAYS I.E