Trading Corporation of Pakistan (TCP) 3.48

Trading Corporation of Pakistan (TCP) is an State Owned Organization, established as Private Limited Company in July 1967 under the Companies Act 1913 (Now the Companies Ordinance 1984. The Corporation is working public sector trade house, under the administrative control of Ministry of Commerce.

TCP is acting as a i.e. export of agriculture & consumer goods and import of essential commodities under

The initial paid up capital of the corporation contributed by the Government was Rs. 2.5 million which was subsequently increased to Rs. 7.5 million in 1971 against authorized capital of Rs.100 million. TCP's Paid Up Capital was subsequently increased to Rs.100 million by issuing bonus shares of Rs.92.5 million in 1978-82 through TCP's own sources i.e. profit. In December 2005, the authorized capital has been increased to Rs. 1,000 million. And action to increase the paid up capital by Rs. 685.805 million is in hand.