KARACHI: Hascol Petroleum Ltd informed the stock exchange that the Oil and Gas Regulatory Aauthority (Ogra) has decided to grant permanent marketing licence to the company.

This will replace Hascol’s existing provisional marketing licence under 35 (3) of the Pakistan Oil (Refining, Blending, Transportation, Storage and Marketing) Rules 2016.

JDTM to merge with Babri Cotton

Janana De Malucho Textile Mills Ltd, a company listed on the textile spinning sector, informed the PSX on Aug 12 its merger with Babri Cotton Mills.

The stock price in JDTM remained unchanged at Rs78.26 on Wednesday.

Published in Dawn, August 13th, 2020