PIM decides to increase authorized capital by Rs60mn

By MG News | September 28, 2021 at 03:07 PM GMT+05:00

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September 28, 2021 (MLN): The Board of Directors of Popular Islamic Modaraba Management Co. (Pvt) Ltd, in a meeting held on yesterday, has decided to increase the authorized capital of PIM from Rs140million to Rs200mn and inject further equity to enhance the business and profitability of the Modaraba.

The aforesaid decision is subject to the approval of the Securities & Exchange Commission of Pakistan (SECP), according to the notice issued to Exchange.

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