Karachi: The Pakistan Stock Exchange Limited (PSX) announced the continuation of trading suspensions for Shaffi Chemical Industries Limited and Mohib Exports Ltd, citing unresolved regulatory defaults. The decision, dated January 5, 2026, follows earlier notices regarding the companies’ failure to address the causes of suspension.
According to the detailed notice from PSX, Shaffi Chemical Industries Limited has not resumed its primary business operations, and an adverse audit opinion has been issued. Additionally, a winding-up petition by the Securities and Exchange Commission of Pakistan (SECP) is pending against the company in court. Mohib Exports Ltd faces multiple regulatory failures, including the non-conduct of Annual General Meetings, non-submission of audited accounts, non-payment of exchange dues, and lack of integration of its ordinary shares into the Central Depository System (CDS). SECP has similarly filed a winding-up petition against Mohib Exports Ltd.
According to information available from the Pakistan Stock Exchange (PSX), the trading suspension will persist until the identified issues are remedied or for an additional period of 60 days starting January 6, 2025. The decision is executed under the provisions of Sub-Section (7) of Section 19 of the Securities Act, 2015, and Clause 5.11 of the PSX Regulations.
The market participants and stakeholders have been advised to note the continuation of the trading halt for record purposes as the companies work to rectify the specified regulatory defaults.