Karachi: The Pakistan Stock Exchange (PSX) has announced the continued suspension of trading in shares of six companies due to unresolved regulatory non-compliance, as highlighted in a notice dated January 23, 2026. The decision follows an earlier notice, PSX/N-1262, released on November 24, 2025, addressing the same issue.

The affected companies include Abson Industries Ltd., Prudential Stocks Fund Ltd., English Leasing Ltd., Sadoon Textile Industries Ltd., Hakkim Textile Mills Ltd., and Suraj Ghee Industries Ltd. Each has been cited for failing to hold Annual General Meetings, not submitting annual audited accounts, and neglecting to pay dues to the Exchange. Additionally, these companies failed to induct their ordinary shares into the Central Depository System (CDS), a requirement under PSX regulations.

According to information available from the Pakistan Stock Exchange (PSX), Abson Industries Ltd. is also facing court-ordered liquidation due to a winding-up petition filed by creditors. Similar proceedings are underway for Prudential Stocks Fund Ltd. and Hakkim Textile Mills Ltd., initiated by the Securities and Exchange Commission of Pakistan (SECP), while Sadoon Textile Industries Ltd. has received an order from SECP to initiate winding-up proceedings. Suraj Ghee Industries Ltd. faces winding-up petitions from both SECP and its creditors.

The PSX has exercised its authority under Sub-Section (7) of Section 19 of the Securities Act, 2015, and clause 5.11 of the PSX Regulations to enforce the suspension. Trading in the shares of these companies will remain inactive until the causes of suspension are rectified or for an additional period of 60 days, starting January 24, 2026.

This suspension is part of the PSX’s designated market category oversight to ensure compliance and financial transparency among listed companies.