Pakistan military says 10 militants killed in counterterror operations in western provinces

A police officer stands guard on a road leading to the cantonment area in Bannu, Pakistan, on December 21, 2022. (Reuters/File)
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Updated 25 December 2025
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Pakistan military says 10 militants killed in counterterror operations in western provinces

  • Security forces gunned down eight militants in southwestern Kalat district on Dec. 24, says military
  • Says two Pakistani Taliban militants were killed in counterterror operation in northwestern district

ISLAMABAD: Pakistan’s military said on Thursday it had killed 10 militants in Pakistan’s western provinces bordering Afghanistan in two separate counterterror operations this week, vowing to eliminate militancy from the country. 

The Inter-Services Public Relations (ISPR) said the first of the two intelligence-based operations (IBO) was conducted on Dec. 24 in the southwestern Balochistan district of Kalat. Eight militants were killed in the IBO, the military’s media wing said. 

The ISPR said the second IBO was also conducted on Dec. 24 in the northwestern Dera Ismail Khan district, where two members of the Tehreek-e-Taliban Pakistan (TTP) outfit were killed. It said one of the two militants was a TTP ringleader named Dilawar, who was highly wanted by law enforcement agencies due to “terrorist” activities and had a head money of Rs4 million [$14,270]. 

“Weapons and ammunition were also recovered from the killed khwarij, who remained actively involved in numerous terrorist activities against the security forces as well as killing of innocent civilians,” the ISPR said. 

Pakistan’s military frequently refers to the TTP as “khwarij.” The term is rooted in Islamic history and is used for an extremist sect that rebelled against authority, declaring other Muslims as apostates. 

Islamabad accuses India of supporting militant groups in carrying out attacks in Pakistan’s Khyber Pakhtunkhwa (KP) and Balochistan provinces.

India denies the allegations and accuses Pakistan of supporting armed militants in the part of the disputed Himalayan territory of Kashmir it administers. 

Pakistan also accuses Afghanistan of providing sanctuaries to militants and facilitating their attacks on Pakistani soil. Kabul has strongly rejected the allegations and said it cannot be held responsible for Pakistan’s security challenges. 


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.