ISLAMABAD: In line with the Securities and Exchange Commission of Pakistan’s (SECP) directive, 88% of unlisted licensed companies are now publicly disclosing their annual audited financial statements through the Pakistan Stock Exchange’s (PSX) Financial Portal for Unlisted Companies (FPUC). In January last year, SECP directed all unlisted licensed companies to upload and publicly disseminate their audited financial statements on the dedicated PSX portal. Companies were also required to sign an agreement with PSX to obtain access to the FPUC and ensure timely disclosure within prescribed deadlines. The directive was issued to enhance transparency, improve disclosure standards, and strengthen governance in entities operating in areas of significant public interest. Public availability of financial statements enables investors and stakeholders to better assess the performance and financial health of these companies. News Desk
