CLVL injects nearly Rs50m into subsidiary CPML via 5m share allotment

MG News | June 03, 2025 at 12:33 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

June 03, 2025 (MLN): Cordoba Logistics & Ventures Limited (PSX: CLVL) has injected equity of Rs49.99 million against the allotment of 4.9m shares (i.e., 99.99%) in Cordoba PE Management Limited (CPML), a wholly owned subsidiary of CLVL, following the incorporation of CPML.

This follows the issuance of a "Permission Order" by the Securities and Exchange Commission of Pakistan (SECP), the company's filing on PSX revealed today.

The order grants CLVL permission to establish a non-banking finance company under the name and style of Cordoba PE Management Limited.

The company is authorized to carry out private equity and venture capital fund management services.

This authorization is subject to compliance with the regulatory requirements outlined in the permission order and applicable laws.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	181,326.54 146.05M	-0.25% -450.05
ALLSHR	109,243.41 320.30M	-0.06% -65.09
KSE30	54,195.36 53.67M	-0.36% -196.47
KMI30	255,136.51 43.27M	-0.39% -998.26
KMIALLSHR	69,946.85 183.77M	-0.11% -77.49
BKTi	52,278.52 21.71M	-0.17% -89.20
OGTi	35,255.70 3.32M	-0.13% -47.12

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	64,490.00	64,685.00 64,290.00	-130.00 -0.20%
BRENT CRUDE	83.63	84.44 83.04	1.14 1.38%
RICHARDS BAY COAL MONTHLY	107.75	0.00 0.00	2.20 2.08%
ROTTERDAM COAL MONTHLY	116.25	116.50 116.25	0.20 0.17%
USD RBD PALM OLEIN	1,175.00	1,175.00 1,175.00	0.00 0.00%
CRUDE OIL - WTI	78.07	78.77 77.56	0.78 1.01%
SUGAR #11 WORLD	15.58	15.60 14.98	0.43 2.84%