SECP grants license to Cordoba PE Management for Private Equity and Venture Capital Services

The Securities and Exchange Commission of Pakistan (SECP) has granted a license to Cordoba PE Management Limited, a wholly owned subsidiary of Cordoba Logistics & Ventures Limited (PSX: CLVL), to conduct Private Equity and Venture Capital Fund Management Services as a Non-Banking Finance Company (NBFC).

This development was officially communicated through a notification to the Pakistan Stock Exchange (PSX). Established on December 1, 1986, Cordoba Logistics & Ventures Limited (CLVL) is primarily involved in the logistics and venture businesses, and this new license marks a strategic expansion into the financial services sector.