Cordoba Logistics secures SECP endorsement for NBFC formation

MG News | February 14, 2025 at 11:59 AM GMT+05:00

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February 14, 2025 (MLN): Cordoba Logistics & Ventures Limited (PSX: CLVL) has received a "Permission Order" from the Securities and Exchange Commission of Pakistan (SECP) to establish a Non-Banking Finance Company (NBFC) under the name Cordoba PE Management Limited.

The newly formed entity will operate as a Private Equity & Venture Capital Fund Management Company.

The aforementioned information was disseminated through a notification to Exchange.

The approval is subject to compliance with regulatory requirements outlined in the Permission Order and applicable laws.

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