2000-02-10

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Publication of Notices by Listed Companies under the Companies Ordinance, 1984

Listed companies must publish notices in national morning newspapers at appropriate pages distinctly and conspicuously, rather than in local newspaper classified sections. This requirement applies to notices for members and the general public under the Companies Ordinance, 1984. Any deviation from these publication standards constitutes a violation of the Ordinance.

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Circular No. 2 - Reference No. SECP/Misc/DC-I/045/2000 Publication of Notices by Listed Companies under the Companies Ordinance, 1984 Feb. 10, 2000 With a view to safeguarding the interest of general public, the Companies Ordinance, 1984, specifically provides that in the case of a listed company, the notices, in addition to their being despatched in the normal course, shall also be published at least in one issue each of the daily newspaper in English language and a daily newspaper in Urdu language having circulation in the Province in which the stock exchange on which the company is listed, is situate. 2. It has been observed that certain companies publish the notices meant for their members and the general public in some local newspapers in classified section of the paper, which does not meet the requirements of the statutory provisions of the Companies Ordinance. 3. All the listed companies are directed to publish the notices in the national morning newspapers at appropriate pages distinctly and conspicuously so as to meet the objectives of the publication of such notices in the newspapers. Any deviation from the aforesaid requirement will be treated as violation of the relevant provisions of the Companies Ordinance, 1984.

(M. ZAFAR-UL-HAQ HIJAZI) Commissioner (Enf.)

  1. All listed companies.

  2. Consultant, SECP.

  3. Dy: Chief (A/C-I).

  4. Dy: Chief (A/C-II).

  5. Dy: Chief (Admn.)

  6. P.S. to Chairman, SECP.

  7. P.S. to Commissioner (CL & A).

  8. P.S. to Commissioner (SM).