Karachi: The National Clearing Company of Pakistan Limited announced the removal of two companies, Chenab Limited and Waves Home Appliances Limited, from multiple financial systems, according to a report dated October 22, 2026. This decision follows Pakistan Stock Exchange Notice No. PSX/N-1290 issued on October 21, 2026.

Chenab Limited, listed under the ticker symbol "CHBL," will no longer be part of the eligible securities for the Securities Lending & Borrowing System (SLB-B) and the Margin Financing System (MF). Waves Home Appliances Limited, known as "WAVESAPP," will be excluded not only from SLB-B and MF but also from the Margin Eligible Securities (MES).

According to information available from the Pakistan Stock Exchange (PSX), the changes for both companies will take effect on Thursday, October 22, 2026. Industry participants and stakeholders have been formally notified to adjust their operations accordingly. These adjustments are crucial for maintaining compliance with the rules set forth by the PSX and ensuring a smooth transition within the designated market category.