PSX extends suspension of 8 companies over compliance failures

The Pakistan Stock Exchange has extended the suspension of trading in shares of eight listed companies for a further 60 days from March 31, 2026, citing continued non-compliance with regulatory requirements.

In a notice, the exchange said the companies had failed to resolve issues that led to earlier suspension, including failure to hold annual general meetings, non-submission of audited accounts, non-payment of dues and non-induction of shares into the Central Depository System.

The affected companies include Regal Ceramics Limited, Azmat Textile Mills Limited, Kaiser Arts & Krafts Limited, Pakistan Industrial & Commercial Leasing Limited, Dadabhoy Sack Limited, Nina Industries Limited, Investec Mutual Fund Limited and Salman Noman Enterprises Limited.

The exchange said several companies are also facing regulatory and legal proceedings, including winding-up petitions filed by the Securities and Exchange Commission of Pakistan, appointment of official liquidators and auditor disclaimers.

In some cases, operations have been suspended for extended periods, including prolonged shutdown of commercial production.

PSX said trading in the shares will remain suspended until the companies address the regulatory breaches or until completion of the extended period. The decision has been taken under powers conferred by Section 19 of the Securities Act, 2015.