Burj Clean Energy Modaraba (GEM) has published a notice regarding the proposed increase in its authorized Modaraba Fund, which has now been revoked.
- The company sought approval from the Securities and Exchange Commission of Pakistan (SECP) for increasing the authorized Modaraba Fund from PKR 1,000.00M to PKR 4,000.00M.
- The increase would involve issuing 400,000,000 Modaraba Certificates at PKR 10 each.
- The notice was published in "Business Recorder" and "Dunya News" on October 28, 2026.