Karachi: The Pakistan Stock Exchange (PSX) has issued a Risk Warning Alert (“RWA”) against Asim Textile Mills Limited and J.A. Textile Mills Limited, citing non-compliance with specific regulatory requirements. The initial notice, dated October 7, 2025, outlines the companies’ failure to adhere to clause 5.11.1.(d) of the PSX Regulations, necessitating immediate action to rectify their non-compliance issues.

According to information available from the Pakistan Stock Exchange (PSX), both Asim Textile Mills Limited, symbol ASTM, and J.A. Textile Mills Limited, symbol JATM, have been given until October 20, 2025, to resolve their outstanding dues. Failure to meet this compliance deadline will result in PSX undertaking further enforcement measures as per clause 5.11.3.(e) of the PSX Regulations. These measures could include the issuance of a compulsory buy-back direction to the major shareholders or sponsors of these companies.

The PSX has also indicated that should these companies successfully address their non-compliance issues within the stipulated timeframe, there is potential for them to be shifted to the Normal Counter of the PSX, altering their current status. The enforcement actions reflect a stringent approach by the PSX to uphold regulatory compliance within the market, ensuring that all listed entities adhere to established guidelines.