Karachi July 19 2021: Pakistan Stock Exchange has allowed trading of Unity Foods Limited in the upcoming future contracts.
Earlier, the Sindh High Court has issued an interim-Order that later part of criteria of 4 (1) of recently approved Futures Eligibility Criteria shall remain inoperative.
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As per 4 (1), Securities of companies not complying with the conditions, to be ineligible “Companies against which no investigation/inquiry has been concluded against the company with adverse findings of mismanagement or the company has not obtained not stay order from the court against any inquiry/investigation initiated by the commission.”
