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ISLAMABAD, Dec 24: Securities and Exchange Commission of Pakistan (SECP) has relaxed the rules relating to circulation of accounts in view of the impediments faced by the listed companies following recent changes in company law.
According to a circular issued by SECP here on Tuesday, the listed companies whose second quarter closes on December 31, 2002, can circulate their accounts for the said quarter by February 28, 2003.
Likewise, the listed companies whose financial year has ended on September 30, 2002, and have not circulated their 4th quarter accounts, have been allowed to circulate their annual audited accounts by January 31, 2003.
