The Securities and Exchange Commission of Pakistan (SECP) has approved major amendments to the Pakistan Stock Exchange (PSX) Rulebook, making Corporate Briefing Sessions (CBS) mandatory for all listed companies on their annual audited financial statements.
Under the new regulations, companies must conduct CBS within 30 days of their Annual General Meeting, with the CEO and CFO present to directly engage with investors and analysts. The initiative aims to boost transparency, investor confidence, and information accessibility.
A dedicated CBS calendar will now be available on the PSX website, displaying upcoming session notices, while a new PSX video channel will host CBS recordings for public access. This allows investors to view company presentations and updates anytime.
According to SECP,
“These reforms will significantly reduce information gaps and enhance communication between companies and investors, ensuring greater accountability in the capital market.”
Participants will also be able to submit questions in advance, ensuring a more interactive and informative experience. The move marks a vital step toward a more transparent, inclusive, and investor-friendly market environment in Pakistan.