⚡ Flash Summary

786 Investments Limited has received approval from the Securities and Exchange Commission of Pakistan (SECP) for the repayment of a subordinate loan to Ms. Tara Uzra Dawood. The approval, dated November 17, 2025, is in accordance with Rule 2(xix)(ii)(h) of The Non-Banking Finance Companies (Establishment and Regulation) Rules, 2003. This repayment is a material event that the company is disclosing under Section 96 of the Securities Act, 2015 and clause 5.6.1(a) of PSX Regulations. The management company is required to inform SECP within 7 days of repaying the loan.

📌 Key Takeaways

• ✅ SECP approved 786 Investments Limited’s repayment of subordinate loan on November 17, 2025.
• 👩‍💼 The loan repayment is to Ms. Tara Uzra Dawood, a sponsor of the company.
• 📜 Approval is under Rule 2(xix)(ii)(h) of NBFC Rules, 2003.
• 🗓️ The application for approval was initially submitted on September 30, 2025.
• ✉️ Subsequent correspondence included an email dated November 12, 2025.
• 🏢 Disclosure made under Section 96 of the Securities Act, 2015 and PSX Regulations.
• ⏰ Management must notify SECP within 7 days of loan repayment.
• 🤝 The initial approval was requested by 786 Investments Limited.
• 🇵🇰 SECP’s letter number is SCD/AMCW/786IL/2021/134.
• 🏢 786 Investments Limited is located at BRR Tower, Karachi.

🎯 Investment Thesis

HOLD. The SECP’s approval for the repayment of the subordinate loan is a positive step towards strengthening the company’s financial position. However, without knowing the specific amount of the loan and the broader financial context, it’s not possible to issue a strong BUY recommendation. More information is needed to re-evaluate.