Equity
TRG Saga: US Court Hands Victory to Zia Chishti
TRG Pakistan Limited's (PSX: TRG) former CEO Zia Chishti has won the latest round in his protracted legal battle with the company, after the US District Court for the Southern District of New York (SDNY) denied a motion by The Resource Group International Limited (TRGI) and its affiliates to enjoin litigation he has pursued in Pakistan.
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Highnoon's greenfield bet, export push set stage for next growth chapter
Highnoon Laboratories Limited (PSX:HINOON) has consistently outpaced the broader pharmaceutical industry over the past decade, delivering USD-denominated revenue growth at a ten-year CAGR of 9.6% against the industry average of 3.4%, as the company's diversified product portfolio, superior gross margins, and expanding export franchise position it for sustained earnings acceleration.
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PSX FY26 IPO boom raises Rs18.4bn
The Pakistan Stock Exchange's primary market delivered its most active year in recent memory in FY2026, with 11 companies raising a combined Rs18.39 billion (PKR 18,391-18,392 million) through main board initial public offerings, according to PSX data as of June 30, 2026.
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Azgard Nine extends Muzaffargarh Unit sale deadline till December 31, 2026
Azgard Nine Limited (PSX:ANL) has extended the deadline for the sale of its Muzaffargarh Unit till December 31, 2026, under the Creditors' Scheme of Arrangement, following an order from the Lahore High Court permitting Agent Banks to take action against the bidder, including termination of the bid and inviting fresh bids.
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PSX Announcements
| Company Name | Title | PDF File |
|---|---|---|
| The Bank of Punjab | PACRA Upgrades The Bank of Punjab Entity Ratings | Click Here |
| MCBIM-FUNDS | PAKISTAN CASH MANAGEMENT FUND (PCF) Daily Dividend Distribution for 01-JUL-26 | Click Here |
| TPL Corp Limited | Disclosure of Interest by a Director CEO, or Executive of a listed company and their Spouses and the Substantial Shareholders u/c 5.6.1.(d) of PSX Regulations | Click Here |
| MCBIM-FUNDS | ALHAMRA DAILY DIVIDEND FUND (ALHDDF) Daily Dividend Distribution for 01-JUL-26 | Click Here |
| EFU Life Assurance Limited | Election of Directors - Notice under Section 159(4) of The Companies Act 2017 | Click Here |
Board Meetings
| Company Name | Title | Date |
|---|---|---|
| Shezan International Limited | Board Meeting Other Than Financial Results | Monday, 06 Jul 2026 |
| Indus Motor Company Limited | Board Meeting Other Than Financial Results | Tuesday, 07 Jul 2026 |
| Rafhan Maize Products Company Limited | Board Meeting Other Than Financial Results | Tuesday, 07 Jul 2026 |
| TPL Insurance Limited | Board Meeting Other Than Financial Results | Wednesday, 08 Jul 2026 |
| Emco Industries Limited | Board Meeting Other Than Financial Results | Wednesday, 08 Jul 2026 |
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Pakistan Stock Movers
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