DSML's name changed to TPL Life Insurance

News Image

MG News | November 28, 2024 at 03:38 PM GMT+05:00

0:00

November 28, 2024 (MLN): The name of Dar Es Salaam Textile Mills Limited (PSX: DSML) has officially been changed to TPL Life Insurance Limited.

DSML informed market participants of this development through a notice issued to PSX today.

This change has been implemented in accordance with the Certificate of Incorporation on Change of Name, which has been duly issued and certiied by the Securities and Exchange Commission of Pakistan (SECP).

In November 2023, the Board of Directors (BoD) of TPL Life approved the merger of the entire business and undertaking of TPL Life with and into DSML.

On implementation, DSML issued shares to the shareholders of TPL Life based on a swap ratio of one ordinary share of DSML for every one ordinary share of TPL Life held by its shareholders.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 138,412.25
167.69M
0.32%
447.43
ALLSHR 85,702.96
423.92M
0.15%
131.52
KSE30 42,254.84
82.09M
0.43%
180.24
KMI30 194,109.59
84.37M
0.15%
281.36
KMIALLSHR 56,713.67
217.03M
0.03%
16.37
BKTi 37,831.34
13.04M
1.62%
603.62
OGTi 27,440.63
3.93M
-0.09%
-23.70
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 118,480.00 119,440.00
118,225.00
185.00
0.16%
BRENT CRUDE 72.57 73.17
71.75
0.06
0.08%
RICHARDS BAY COAL MONTHLY 96.50 0.00
0.00
2.20
2.33%
ROTTERDAM COAL MONTHLY 104.50 104.50
104.50
-0.30
-0.29%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 69.24 69.79
68.45
0.03
0.04%
SUGAR #11 WORLD 16.43 16.58
16.40
-0.16
-0.96%

Chart of the Day


Latest News
July 30, 2025 at 05:54 PM GMT+05:00

Pakistan BCI decreased by 1.2 points in July


July 30, 2025 at 05:17 PM GMT+05:00

Pakistan consumer confidence falls to 40.1 points in July


July 30, 2025 at 05:03 PM GMT+05:00

PKR rises by 10 paisa against USD


July 30, 2025 at 04:11 PM GMT+05:00

PSX Closing Bell: You Can’t Always Get What You Want



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg