Pakistan’s interior ministry says 290 Baloch protesters released following talks

Baloch protestors stage a sit-in outside the National Press Club in Islamabad on December 23, 2023, against the “enforced disappearances” and “genocide” of ethnic Baloch people in the province. (Photo courtesy: X/@BYCislamabad)
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Updated 25 December 2023
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Pakistan’s interior ministry says 290 Baloch protesters released following talks

  • A three-member committee formed by PM Kakar is holding talks with Baloch protesters
  • Protesters arrived last week in Islamabad to protest alleged rights abuses in southwestern Pakistan

ISLAMABAD: The interior ministry said on Monday that 290 Baloch protesters, who arrived in the capital last week to protest against alleged rights abuses in southwestern Pakistan, had been released following negotiations.
The activists, led by 30-year-old Dr. Mahrang Baloch, marched 1,600 kilometers to the Pakistani capital from the southwestern Turbat district, where a 24-year-old man, Balach Baloch, was killed in the custody of the provincial Counter-Terrorism Department (CTD) last month.
The CTD says the deceased had links with militants and was involved in a number of attacks in the region, but his family and civil society activists deny the CTD claim and describe it as a case of “extrajudicial murder.”
The protesters, who have been staging a sit-in outside the Islamabad Press Club, call for disbanding the CTD in Balochistan, the release of all “missing persons” as well as freeing their fellows who were arrested after clashes with police last week. A three-member committee formed by Caretaker Prime Minister Anwaar-ul-Haq Kakar has been holding talks with them.
“In light of the negotiations held with the committee formed by the prime minister and the decision of the [Islamabad High] Court, all protesters have been freed,” the Ministry of Interior wrote on social media platform X.
“In total, 290 people have been released from jails and police custody,” it said, adding that everyone has the right to protest peacefully but “no one will be allowed to take the law into their hands.” 

The ministry said security of the Red Zone in Islamabad had been ensured in every way as it houses the Diplomatic Enclave and other constitutional bodies.
On Saturday, the Baloch Yakjehti Committee (BYC) which organized the protest under Dr. Baloch, gave the government a three-day ultimatum to quash all cases against students and activists and release all Baloch protesters.
Political leaders, human rights activists and families of victims have for decades spoken against alleged killings in Balochistan by security agencies in what they call staged encounters, a practice where officials claim the victims were killed in a gunfight though they were summarily executed.
Authorities deny involvement in such incidents.
Balochistan, which shares a porous border with Iran and Afghanistan, has been the scene of a low-level insurgency by Baloch nationalists for around two decades.
The separatists say they are fighting what they see as the unfair exploitation of the province’s wealth by the federation. The Pakistani state denies it.

 


Pakistan regulator amends law to facilitate capital raising by listed companies

Updated 19 January 2026
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Pakistan regulator amends law to facilitate capital raising by listed companies

  • The amendments address challenges faced by listed companies when raising further capital from existing shareholders through a rights issue
  • Previously, listed companies were prohibited from announcing a rights issue if the company, officials or shareholders had any overdue amounts

KARACHI: The Securities and Exchange Commission of Pakistan (SECP) has notified amendments to the Companies (Further Issue of Shares) Regulations 2020 to facilitate capital raising by listed companies while maintaining adequate disclosure requirements for investors, it announced on Monday,

The amendments address challenges faced by listed companies when raising further capital from existing shareholders through a rights issue. Previously, listed companies were prohibited from announcing a rights issue if the company, its sponsors, promoters, substantial shareholders, or directors had any overdue amounts or defaults appearing in their Credit Information Bureau (CIB) report.

This restriction constrained financially stressed yet viable companies from raising capital, even in circumstances where existing shareholders were willing to support revival, restructuring, or continuation of operations, according to the SECP.

“Under the amended framework, the requirement for a clean CIB report will not apply if the relevant persons provide a No Objection Certificate (NOC) regarding the proposed rights issue from the concerned financial institution(s),” the regulator said.

The notification of the amendments follows a consultative process in which the SECP sought feedback from market stakeholders, including listed companies, issue consultants, professional bodies, industry associations, law firms, and capital market institutions.

The amendments are expected to enhance market confidence, improve access to capital for listed companies, and strengthen transparency within the rights issue framework, according to the SECP.

“To ensure transparency and protect investors’ interests, companies in such cases must make comprehensive disclosures in the rights offer document,” the regulator said.

“These disclosures must include details of any defaults or overdue amounts, ongoing recovery proceedings, and the status of any debt restructuring.”

The revised regulations strike an “appropriate balance” between facilitating corporate rehabilitation and enabling investors to make informed investment decisions, the SECP added.