Karachi: The Pakistan Stock Exchange (PSX) has granted ARUJ Industries Limited an extension to address its non-compliance with PSX Regulation 5.11.1(d), according to a notice dated April 28, 2026. This decision follows a previous extension communicated in PSX Notice No. PSX/N-365 on March 27, 2026, which allowed ARUJ until April 27, 2026, to rectify outstanding compliance issues and settle dues.
In response, ARUJ Industries has initiated the process for settling its outstanding dues and has made an initial payment. Consequently, the PSX has decided to withhold further enforcement actions under Regulation 5.11.3.(g) until full rectification is achieved. According to information available from the Pakistan Stock Exchange (PSX), if ARUJ fails to comply with Regulation 5.11.1.(d) within the specified time, the case will be forwarded to the Securities and Exchange Commission of Pakistan (SECP) under clause 5.11.3.(g) of the PSX Regulations. This could lead to winding-up proceedings against the company under the Companies Act, 2017.
Even if ARUJ rectifies the non-compliance, it will continue to be listed in the Non-Compliant Segment under PSX Regulation 5.11.1.(g) until full compliance is achieved. Subsequent actions will follow according to the requirements of the said regulations. The PSX has requested all concerned parties to take note of these developments.