Karachi: Ansari Sugar Mills Limited (ANSM) is set to resume trading on the Pakistan Stock Exchange, having successfully addressed its previous non-compliance issues. The move, effective August 15, 2025, marks its transition from the "Non-Compliant Segment" to the "Normal Counter," according to a notice issued by the PSX.
The company had been previously placed on the "Non-Compliant Segment" due to outstanding regulatory requirements, including the delay in convening its Annual General Meetings (AGMs) and transmitting annual audited financial statements. These actions were necessary to meet the PSX regulations as outlined in Notice No. PSX/N-559 dated June 10, 2024.
Ansari Sugar Mills Limited has now fulfilled these obligations by convening the overdue AGMs and submitting the required financial statements for the fiscal year ending September 30, 2024. Additionally, it has complied with clause 5.13 of the PSX Regulations, which pertains to the restoration of trading in its shares.
According to information available from the Pakistan Stock Exchange (PSX), the rectification of these compliance issues has paved the way for ANSM to be shifted to the Normal Counter, thereby reinstating the trading of its shares.
The designated market category for ANSM will reflect its restored status on the PSX starting August 15, 2025, thus allowing investors and market participants to engage in trading of its shares once more.