Karachi: The National Clearing Company of Pakistan Limited (NCCPL) has announced the removal of Dewan Farooque Motors Limited (DFML) and Oilboy Energy Limited (OBOY) from the list of eligible securities under the Securities Lending & Borrowing (SLB-B) and Margin Financing System (MF). The change is set to take effect on Wednesday, November 11, 2026, following a directive from the Pakistan Stock Exchange.
According to information available from the Pakistan Stock Exchange (PSX), this move stems from Notice No. PSX/N-1378 issued on November 10, 2026. The companies' placement into the non-compliant segment indicates a shift in their status within the financial market landscape.
The specific reasons behind the reclassification of DFML and OBOY have not been disclosed in the report. However, such decisions typically reflect compliance issues or other regulatory challenges faced by the entities involved.
The market participants are advised to take note of these changes, which may impact trading and financing activities related to these securities. The NCCPL's decision underscores the importance of adherence to regulatory requirements within the designated market category.