Karachi: Aruj Industries Limited is facing a critical regulatory deadline as it grapples with financial non-compliance issues, according to a recent notice issued by the Pakistan Stock Exchange (PSX). The company, which has been under scrutiny for its failure to address outstanding dues, has been directed to comply with the PSX Regulation 5.11.1.(d) by January 26, 2026, or face a compulsory buy-back order.
The PSX had previously issued a notice, PSX/N-1145, on October 27, 2025, highlighting the continuous non-compliance by Aruj Industries Limited and notifying concerned parties of the compulsory buy-back direction. This action was necessitated by the company’s ongoing failure to settle its debts with the stock exchange.
According to information available from the Pakistan Stock Exchange (PSX), the company must either rectify its non-compliance or adhere to the buy-back directive within the stipulated time frame. Failure to do so will result in the PSX forwarding the case to the Securities and Exchange Commission of Pakistan (SECP). The SECP may then initiate winding-up proceedings against Aruj Industries Limited under clause 5.11.3.(e) of the PSX Regulations, in accordance with the Companies Act, 2017.
The situation places Aruj Industries in a precarious position as it navigates regulatory challenges while attempting to address its financial obligations.