Karachi: The Pakistan Stock Exchange (PSX) announced the suspension of trading in the shares of M/s. Pakistan Hotels Developers Limited, effective from January 16, 2026. This decision comes in the wake of the company's special resolution to commence voluntary winding-up proceedings under Clause 5.11.2.(d) of the PSX Regulations.

The suspension of trading will remain in place until M/s. Pakistan Hotels Developers Limited is delisted, following the completion of necessary requirements. Alternatively, the suspension could extend for another 60 days from the effective date. This measure is executed under the authority granted to the PSX by Sub-Section (7) of Section 19 of the Securities Act, 2015, alongside Clause 5.11 of the PSX Regulations.

According to information available from the Pakistan Stock Exchange (PSX), these steps are part of the regulatory framework designed to ensure compliance and orderly market operations. The exchange's decision aligns with its mandate to uphold market integrity and protect investor interests.

The PSX Notice No. PSX/N-1227, dated November 14, 2025, initially addressed this subject, and the latest actions are a continuation of the procedures outlined in that notice. Stakeholders and investors are advised to take note of this development for record-keeping and future reference.