February 7, 2025

PSX conducts Industry Awareness Session for FPCCI Lahore

Pakistan Stock Exchange (PSX) Lahore team, along with two CTIs, LSE Capital and Abbasi & Company (Pvt) Ltd., conducted an Industry Awareness Session for Executive Committee and other member companies of Federation of Pakistan Chambers of Commerce & Industry, Lahore. The Vice President of FPCCI, Mr. Zaki Aijaz, commenced the session by welcoming and thanking the PSX team and CTI representatives. He explained that the session aimed to educate member companies about the Pakistan Stock Exchange (PSX) and the capital market.

The PSX team elaborated on the listing process, emphasizing its two boards—the Main Board and the GEM Board. The team highlighted that PSX supports investors through capital gains, bonus shares, and dividends, while companies benefit from raising funds for their growth and expansion. The Regional Business Development Lead (RBDL), PSX, explained the requirements for listing which include being a public limited entity with a minimum paid-up capital of PKR 25 million, maintaining two years of audited accounts, having at least seven directors, and offering securities through fixed-price or book-building methods. Companies listed on the GEM Board must form an audit committee, including having at least one-woman member in their board, within two years of listing. RBDL PSX also outlined the benefits of listing on PSX, such as raising long-term capital, enhancing debt limits, improving company profiles, ensuring business continuity for family-owned businesses, cost-effective fundraising, and brand building.

The CTIs, LSE Capital and Abbasi & Company, guided the companies through the listing process, offering expert insights on the intricacies of navigating the capital markets. They stressed the importance of corporate governance and compliance, particularly for start-ups and emerging businesses looking to list on the Stock Exchange. The CTIs elaborated on key requirements such as internal controls, financial transparency, and timely disclosures, which are critical for sustaining a company’s listing on PSX.

The session was highly interactive, with the PSX team and CTI’s addressing all queries effectively. It concluded with valuable insights into the listing process, its benefits, and the importance of compliance and governance for business growth.