Karachi: The Pakistan Stock Exchange (PSX) has reiterated the requirement for all listed companies to disclose gender pay gap data in their annual reports and on their websites. This measure is in line with the Securities and Exchange Commission of Pakistan's (SECP) Circular no. 10 of 2024, which emphasizes transparency and gender equality in the corporate sector.

According to the directive issued by the PSX, companies with a fiscal year ending on June 30, 2026, are specifically urged to comply with this requirement in their upcoming annual reports. The disclosure is a continuation of efforts initiated by Notice no. PSX/N-1140 dated November 26, 2024, and is part of the broader Prime Minister's Women Empowerment Package (PM-WEP) 2024.

The SECP's circular mandates that the gender pay gap data be presented in a manner suggested by the regulatory body. According to information available from the Pakistan Stock Exchange (PSX), failure to comply with the disclosure requirements, or providing incomplete information, could result in enforcement actions against non-compliant companies.

The PSX's directive is aimed at ensuring that companies contribute to the promotion of gender equality by providing transparent pay data, which is seen as a critical step towards closing the gender pay gap in Pakistan's corporate landscape.