June 13, 2024

PSX holds gong ceremony to celebrate GEM Board listing of Mughal Energy Ltd.

Pakistan Stock Exchange (PSX) held a gong ceremony to celebrate the listing of Mughal Energy Limited (MEL) on the Growth Enterprise Market (GEM) Board of the Exchange. Mughal Energy is the fourth listing on the GEM Board of PSX since the Board was launched in 2020. The GEM Board is a listing platform to facilitate capital raising needs and listing of small, medium or greenfield businesses on the Stock Exchange. Present at the gong ceremony were Mr. Jamshed Iqbal, Executive Director and senior management of Mughal Energy Limited. Also present at the ceremony were Mr. Aftab Ahmad Chaudhry, CEO, and senior management of LSE Capital Limited. LSE Capital was the Advisor to the Issue. The guests were welcomed by Mr. Farrukh H. Khan, MD & CEO and senior management of PSX. The gong ceremony included speeches by Mr. Farrukh Khan, MD & CEO, PSX; Mr. Jamshed Iqbal, Director, MEL; and Mr. Aftab Ahmad Chaudhry, CEO, LSE Capital Limited. The speakers shared their views about the GEM Board, the Initial Offering of MEL and the listing journey of MEL. A video message by Mr. Akif Saeed, Chairman SECP, congratulating the stakeholders involved on MEL GEM Board listing, was also played at the event. The programme concluded with media bites and Q&A session in which the media personnel present asked several relevant questions from the top management of PSX, MEL, and LSE Capital Limited. ​