Karachi: The Pakistan Stock Exchange (PSX) has issued a notice to Quantum Data Technologies Limited (formerly Chakwal Spinning Mills Limited), Dadabhoy Construction Technology Limited, and Haseeb Waqas Sugar Mills Limited for non-compliance with PSX Regulation 5.11.1.(d), due to their failure to pay the Annual Listing Fee within the specified timeframe. According to the notice dated January 12, 2026, these companies have been granted until January 19, 2026, to rectify the non-compliance by settling their outstanding dues. Failure to do so will result in further actions under Clause 5.11.3.(d) of the PSX Regulations, including the issuance of a Risk Warning Alert against the companies.

Dadabhoy Construction Technology Limited is also noted for additional non-compliance, having failed to hold its Annual General Meeting and transmit its Annual Financial Statement for the fiscal year ending on June 30, 2025. This was previously notified in a PSX notice dated October 30, 2025. The company faces multiple regulatory breaches under 5.11.1.(a), (b), (c), (d), and (g), as well as 5.11.2.(a).

According to information available from the Pakistan Stock Exchange (PSX), if the companies manage to address the non-compliance with Regulation 5.11.1.(d) by the specified deadline, they will remain listed in the Non-Compliant Segment or Winding-up Segment. This status will persist until all other regulatory breaches have been addressed, as outlined in the notice.

The PSX’s actions underscore the importance of regulatory compliance within the financial market, as it ensures transparency and accountability among publicly listed companies. The exchange’s strict adherence to its regulations serves as a reminder to all listed entities of the need to maintain compliance to avoid potential sanctions.