Failure to disclose the contents of the Listings Regulations, Regulation 16 (1), Clause 35 (XX) of the Karachi Stock Exchange, the Company delivered its financial results to the Karachi Stock Exchange for a period of time and earned it and Significant differences in profit were observed. The aforesaid company failed to disclose sensitive material information related to the company's advertising pricing as it did not comply with the provisions of Regulation 16 (1) of the Karachi Stock Listing Regulations. Impact of Exchange For an effective, fair and transparent market, there are two principles that must be applied. Companies need to release relevant information as soon as it becomes available. And all investors who want to trade in shares should have access to the same information at the same time. In order to protect the interests of the investor, a listed company must convey the information to the shareholders; And to prevent potential shareholders from creating a false market in such a way, when a company has to announce an announcement, it has to be very careful to ensure that the information that it delivers to the market Was not misleading, false or fraudulent. And this does not exclude anything that could possibly have cost the company a scrap, failing to disclose the required price sensitive content information because the company's listing regulation management considered it to have Will be negotiated and fully compliant with regulatory requirements. The company was formed in which the Securities and Exchange Ordinance failed to comply with the provisions of 1969 and was made under
Related judgments — Securities and Exchange Commission of Pakistan, 2014
