PSX sets dues settlement deadline for companies by April 21
MG News | April 08, 2025 at 11:06 AM GMT+05:00
April 08, 2025 (MLN): The Pakistan Stock Exchange (PSX) has set a deadline of April 21, 2025, for companies to rectify non-compliance with Clause 5.11.1.(d) of the PSX Regulations by settling all outstanding dues.
This is in reference to the PSX notice dated January 22, 2025, which notified the issuance of a Risk Warning Alert (RWA) against these companies due to their failure to pay the Annual Listing Fee (ALF) and SECP supervisory fee.
| Sr. No. | Company Name | Symbol | Non-Compliance of PSX Regulations |
| 1 | Amtex Limited | AMTEX | 5.11.1.(d)(g) |
| 2 | Ruby Textile Mills Limited | RUBY | 5.11.1.(a)(d)(g) |
| 3 | Crescent Jute Products Limited | CJPL | 5.11.1.(a)(d), 5.11.2.(a) |
| 4 | Dewan Textile Mills Limited | DWTM | 5.11.1.(a)(d)(g), 5.11.2.(a)(c) |
In case of failure to comply, PSX will take further action, including the issuance of a compulsory buyback direction to the major shareholders/sponsors of the companies, according to the notice issued by PSX.
It may also be noted that if these companies rectify the non-compliance with the PSX regulations within the stipulated time, they will remain listed in the Non-Compliant Segment.
This status will remain under non-compliances of other PSX regulations, as stated against each, until all non-compliances are rectified.
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