Karachi: Dewan Sugar Mills Limited has addressed its non-compliance with a regulation of the Pakistan Stock Exchange concerning unpaid penalties, according to a report issued on August 20, 2026. The company had previously been cited in a PSX Notice dated May 22, 2026, for failing to settle penalties imposed under PSX Regulation 5.21.1.
The resolution of this issue, effective August 21, 2026, marks the rectification of Dewan Sugar Mills Limited’s non-compliance with PSX Regulation 5.11.1.(d). According to information available from the Pakistan Stock Exchange (PSX), the company has paid its outstanding penalties, which had been a point of concern for regulatory authorities and investors alike.
Despite settling the penalties, Dewan Sugar Mills Limited will continue to be listed in the “Non-Compliant Segment” of the market. This continued designation is due to an adverse opinion issued by the company’s statutory auditor, as detailed in its audit report. The company must address all outstanding compliance issues in order to be removed from this segment under PSX Regulation 5.11.1.(g).
This situation underscores the ongoing challenges faced by Dewan Sugar Mills Limited in meeting regulatory standards, as it remains under scrutiny despite resolving its penalty obligations.