PSX sets dues settlement deadline for companies by April 21

MG News | April 08, 2025 at 11:06 AM GMT+05:00

0:00

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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