Karachi: Trading in the shares of three companies will remain suspended on the Pakistan Stock Exchange (PSX) after they failed to address the issues leading to their suspension. The announcement, made on June 30, 2026, follows PSX Notice No. PSX/N-520 dated April 30, 2026.

According to the information released, Haydari Construction Company Limited, Mohammad Farooq Textile Ltd, and Saudi Pak Consultancy Company Limited have all been unable to remove the causes of their trading suspensions. The PSX identified several defaults in its regulations that these companies have not rectified.

M/s. Haydari Construction Company Limited and M/s. Mohammad Farooq Textile Ltd are both cited for failing to hold annual general meetings, not submitting audited annual accounts, non-payment of dues to the Exchange, and facing winding-up petitions filed by the Securities and Exchange Commission of Pakistan (SECP) in court.

M/s. Saudi Pak Consultancy Company Limited faces suspension due to the cessation of commercial production or business operations in its principal line of business. The company's statutory auditor has issued an adverse opinion in its audit report, and its Non-Banking Finance Company (NBFC) license has been canceled by the SECP.

According to information available from the Pakistan Stock Exchange (PSX), trading in the shares of these companies will continue to be suspended until the identified issues are resolved or for another 60 days starting from July 01, 2026. The decision is based on the powers granted to the Exchange under Sub-Section (7) of Section 19 of the Securities Act, 2015, and Clause 5.11 of the PSX Regulations.

Market participants have been advised to note this information for record purposes, as the designated market category remains unchanged until further notice.