The Securities and Exchange Commission of Pakistan (SECP) has concluded enforcement proceedings against 36 State-Owned Enterprises (SOEs), imposing monetary penalties totaling Rs 3. 175 million through 46 adjudication orders, while issuing warning orders in 12 cases. In March 2026, the SECP issued 66 Show Cause Notices (SCNs) to 41 State-Owned Enterprises (SOEs) for non-compliance with statutory
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