PSX introduces new 'Appeal Procedures' for listed companies

MG News | December 04, 2023 at 01:03 PM GMT+05:00

0:00

December 04, 2023 (MLN): The Pakistan Stock Exchange (PSX) has introduced a new clause titled 'Appeal Procedures,' which establishes an appellant forum and outlines the criteria and procedures for listed companies to file appeals against enforcement orders, as per the latest notice issued by the exchange.

The local bourse has taken this action with the approval of the Securities and Exchange Commission of Pakistan (SECP).

With the introduction of this clause, listed companies can file appeals against enforcement orders issued by the CRO (Chief Regulatory Officer) of PSX.

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