Karachi: The Pakistan Stock Exchange Limited (PSX) has issued a directive requiring all listed companies to submit disclosures, periodic reports, and other mandatory information exclusively through the Pakistan Unified Corporate Action Reporting System (PUCARS). The announcement, dated February 3, 2026, marks a significant shift from previous practices, where hard copy submissions were also acceptable.

The PSX's clarification aims to streamline processes and ensure timely dissemination of information within the market. According to information available from the Pakistan Stock Exchange (PSX), the move is intended to promote consistency, standardization, and efficiency. As part of the new directive, the submission of information solely in hard copy form will no longer fulfill regulatory requirements, and compliance will only be recognized when submissions are made through PUCARS in the designated manner.

The PSX has emphasized that this transition is crucial for listed companies to meet their regulatory obligations without disruption. Companies that have not yet adapted to the digital submission process are urged to do so promptly to avoid non-compliance. The PSX believes this initiative will facilitate a more seamless regulatory environment for all entities involved.