Dost Steels Limited Rectifies Non-Compliance with PSX Regulation

Karachi: Dost Steels Limited (DSL) has resolved its non-compliance issue with the Pakistan Stock Exchange (PSX) by settling outstanding dues, leading to the removal of a previously issued Risk Warning Alert. This development was communicated to stakeholders following a PSX notice dated July 30, 2025, that highlighted DSL's failure to pay penalties imposed under Clause 5.21.1. of the PSX Regulations.

According to information available from the Pakistan Stock Exchange (PSX), DSL's settlement of dues has led to the rectification of its non-compliance with Clause 5.11.1.(d) of the PSX Regulations. The Risk Warning Alert, imposed due to the pending payment, has consequently been withdrawn.

Despite this resolution, DSL remains listed in the Non-Compliant Segment of the PSX. The company's continued suspension of commercial production and adverse audit opinions under Clauses 5.11.1.(a) and (g) mean it must address these ongoing issues to achieve full compliance. The market will monitor DSL's progress towards rectifying these remaining compliance challenges.