Authorities ban public gatherings in Karachi ahead of protest by Baloch rights group

Activists from Baloch Yakjehti Committee (BYC) and civil society hold portraits of Mahrang Baloch as participate in a protest demanding the release of Mahrang Baloch, one of Pakistan's most prominent human rights advocates, along with missing Baloch persons, in Karachi on March 24, 2025. (AFP)
Short Url
Updated 24 March 2025
Follow

Authorities ban public gatherings in Karachi ahead of protest by Baloch rights group

  • The Baloch Yakjehti Committee announced a demonstration outside the Karachi Press Club against the detention of Dr. Mahrang Baloch
  • A number of BYC supporters tried to reach the venue for the protest at 4pm, but they were intercepted by police, local media says

ISLAMABAD: Authorities have banned all public gatherings in Pakistan’s southern port city of Karachi, the commissioner’s office announced on Monday, ahead of a protest by the Baloch Yakjehti Committee (BYC) rights group.

The BYC announced a demonstration outside the Karachi Press Club (KPC) against the detention of its leader, Dr. Mahrang Baloch, and some other members who were arrested last week at a protest camp in Quetta, the capital of Pakistan’s southwestern Balochistan province.

Dr. Baloch, one of Pakistan’s most prominent human rights advocates, has long campaigned for the ethnic Baloch people, many of whom say they have been targeted by authorities with harassment, enforced disappearances and extrajudicial killings. Authorities deny these claims.

The Karachi commissioner’s office said senior police officials in Karachi had requested for the ban on public gatherings in the city in view of the “prevailing law and order situation” and to protect lives of general public.

“Syed Hassan Naqvi, Commissioner Karachi Division, hereby impose a complete ban on any type of protests, demonstrations, sit-ins, rallies and assembly of more than five persons with the Karachi Division,” Naqvi’s office said in a notification.

A number of BYC supporters tried to reach the KPC but they were intercepted by police, local media reported on Monday. The BYC protest was scheduled for 4pm in Karachi, while the group had also organized a protest in Quetta, where three protesters had died following a pre-dawn raid by police last week. Both sides blamed each other for the deaths.

Dr. Baloch and other protesters have been charged with terrorism, sedition and murder, according to the police charge sheet. On Sunday, Mary Lawlor, the United Nations special rapporteur on human rights defenders, said she was “very concerned” at Baloch’s arrest.

Pakistan has been battling a separatist insurgency in Balochistan for decades, where militants target state forces and foreign nationals in the mineral-rich southwestern province bordering Afghanistan and Iran.

Earlier this month, the Baloch Liberation Army (BLA) separatist group launched a dramatic train siege that officials said ended in around 60 deaths, half of whom were separatists behind the assault.


Pakistan regulator amends law to facilitate capital raising by listed companies

Updated 19 January 2026
Follow

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.