LAHORE : LSE is set to launch a centralized web portal, PUCARS on Sept 09, 2013. In replacement to conventional announcements system where announcements are posted by firms through faxing and mailing letters, with the help of PUCARS, the listed firms will now post their announcements through their online login accounts. Stock Exchange will further disseminate the announcement to brokers, investors and other stakeholders through its Trading System, Website, Email, Social Media and LSE’s local TV channel without causing any time lapse.

Corporate announcements such as  corporate action entitlements, announcement of quarterly, half yearly and yearly profit and loss, dividend payments, bonus and right issues, sensitive information in relation to any securities / stocks received from a company shall now be disseminated to the market by an online system in an efficient and timely manner using the electronic interface of PUCAR system.