Karachi: Chakwal Spinning Mills Limited (CWSM) has resolved its non-compliance issue with the Pakistan Stock Exchange (PSX) by paying its outstanding dues, according to a notice issued by the PSX. This development follows the previous notification, PSX/N-667, dated June 24, 2025, which highlighted CWSM's failure to pay a penalty imposed under Clause 5.21.1 of the PSX regulations, leading to non-compliance with Clause 5.11.1.(d).

According to information available from the Pakistan Stock Exchange (PSX), the rectification of this non-compliance has been acknowledged, and CWSM's status concerning Clause 5.11.1.(d) has been updated in the Daily Quotations of the Exchange. Despite this progress, the company continues to face challenges.

CWSM remains listed in the Non-Compliant Segment due to ongoing issues, including the suspension of its commercial production and business operations in its primary line of business. Additionally, an adverse opinion from its statutory auditor in the audit report has contributed to its continued non-compliance with Clauses 5.11.1.(a) and (g) of the PSX Regulations. The company will stay in this segment until it rectifies all outstanding non-compliance issues.