2019-05-24

Added · Updated

Companies (further issue of shares) Regulations 2018

The Securities and Exchange Commission of Pakistan establishes regulations governing the issuance of further shares, including right issues, bonus shares, and shares issued to specific persons or through employee stock option schemes. The rules impose strict conditions on listed companies, such as a one-year cooling-off period between capital raises, mandatory board approvals, and specific pricing constraints based on market value and free reserves. Companies must adhere to detailed disclosure, reporting, and underwriting requirements, with penalties for delays or non-compliance, including mandatory newspaper publications and Commission permission for extensions.

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The Companies Act, 2017 (Act No…2017Circular No. 30 dated 2016-09-16not in RegAlertGuideline of 2016not in RegAlertRule of 1996not in RegAlertRule of 2000not in RegAlertRule of 2001not in RegAlertCompanies (further issue ofshares) Regulations 20182019-05-24 · this document
amendssupersedesissued underrefers toproposed or not in RegAlertarrows run from the older text to the one that changes it

Source: Securities and Exchange Commission of Pakistan — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works

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SECP published 3 documents in the last 30 days. We email you each new one the day it's published.