IML moved from Defaulters’ segment to Normal counter

MG News | November 23, 2021 at 09:54 AM GMT+05:00

0:00

November 23, 2021 (MLN): Pakistan Stock Exchange has shifted Imperial Limited (IML) from “Defaulters’ Segment” to “Normal Counter” with effect from Tuesday, November 23, 2021, as the company has rectified the default of 5.11.1(I) of PSX regulations, a notice issued by PSX said.

The Stock Exchange had earlier placed the company in the defaulters’ segment from June 19, 2019, as SECP had issued a show-cause notice for winding up proceedings against the company which attracts action under clause 5.11.1(I) of PSX regulations.

Now, SECP has dropped the winding-up proceedings initiated against the company on November 19, 2021, through PUCARS, thus IML has been shifted to the “normal counter” of the exchange, PSX notice said.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	158,313.45 348.26M	2.82% 4347.08
ALLSHR	94,665.78 608.29M	2.55% 2350.15
KSE30	48,079.56 150.27M	2.96% 1383.03
KMI30	229,679.86 136.21M	3.32% 7386.98
KMIALLSHR	61,793.47 317.51M	2.97% 1784.00
BKTi	43,251.31 41.61M	3.03% 1273.29
OGTi	33,013.13 14.41M	2.67% 858.90

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	71,170.00	71,255.00 70,950.00	310.00 0.44%
BRENT CRUDE	103.20	103.37 97.15	-1.29 -1.23%
RICHARDS BAY COAL MONTHLY	99.40	0.00 0.00	-10.10 -9.22%
ROTTERDAM COAL MONTHLY	118.45	118.45 118.45	0.30 0.25%
USD RBD PALM OLEIN	1,175.00	1,175.00 1,175.00	0.00 0.00%
CRUDE OIL - WTI	91.00	91.42 90.88	0.68 0.75%
SUGAR #11 WORLD	15.53	15.83 15.32	-0.35 -2.20%