Karachi: Amtex Limited has taken corrective action by settling its overdue Annual Listing Fee, aligning with the Pakistan Stock Exchange's (PSX) regulations. This move comes after the PSX issued a compulsory buy-back directive to Amtex, highlighting its failure to comply with the financial obligation, as per the notice issued on April 21, 2025.
According to information available from the Pakistan Stock Exchange (PSX), Amtex's payment resolves the non-compliance issue under Clause 5.11.1.(d) of the PSX Regulations. This development is reflected in the Daily Quotations of the Exchange, marking a significant step in addressing regulatory expectations.
Despite this progress, Amtex remains listed in the "Non-Compliant Segment" due to an adverse opinion issued by its statutory auditor. This status is linked to non-compliance with Clause 5.11.1.(g) of the PSX Regulations. Amtex is expected to rectify all outstanding compliance issues to improve its standing within the market.