The Securities and Exchange Commission of Pakistan (SECP) has issued Circular No. 4 of 2024 dated February 15, 2024 on the subject which has been attached to this circular.
Members are advised to take note of and ensure compliance, wherever required, with the guidance contained in the above-referred circular issued by the SECP.
SECP Circular No. 4 of 2024 – Guidance on transfer between revenue and capital reserves