Karachi: The Pakistan Stock Exchange (PSX) has announced the continued suspension of trading in the shares of Shaffi Chemical Industries Limited and Mohib Exports Ltd, effective from September 3, 2026. This decision follows previous notices, including PSX/N-812 dated July 3, 2026, highlighting regulatory defaults by these companies.

The PSX disclosed that M/s. Shaffi Chemical Industries Limited has failed to address several issues, including the suspension of commercial production, adverse opinions in audit reports, and a winding-up petition filed by the Securities and Exchange Commission of Pakistan (SECP) against the company in court.

Similarly, M/s. Mohib Exports Ltd has been cited for multiple regulatory failures. These include not holding Annual General Meetings, failing to submit audited accounts, non-payment of dues to the exchange, non-induction of ordinary shares into the Central Depository System (CDS), and a winding-up petition filed by SECP in court.

According to information available from the Pakistan Stock Exchange (PSX), the decision to suspend trading in these companies' shares will remain in effect until the identified causes of suspension are rectified or for another 60 days from the effective date in September. The PSX's action is rooted in the powers granted under Sub-Section (7) of Section 19 of the Securities Act, 2015, and Clause 5.11 of the PSX Regulations.