Aruj Industries Limited Faces Potential Winding-Up Proceedings Amid PSX Regulation Non-Compliance

Karachi: Aruj Industries Limited (ARUJ) has been spotlighted due to its ongoing non-compliance with Pakistan Stock Exchange (PSX) Regulation 5.11.1(d), as communicated in PSX Notice No. PSX/N-1145 dated October 27, 2025. The PSX had previously issued a compulsory buy-back directive to ARUJ, necessitating urgent rectification of the non-compliance by January 26, 2026. Despite recent efforts, ARUJ's compliance status remains uncertain.

On January 26, 2026, ARUJ initiated measures to address the outstanding non-compliance issues, including a partial settlement of dues owed to the PSX. Consequently, the PSX has temporarily stayed further actions under Regulation 5.11.3(g). However, should ARUJ fail to fully comply, the PSX may escalate the matter to the Securities and Exchange Commission of Pakistan (SECP) for possible winding-up proceedings, as specified under the Companies Act, 2017.

According to information available from the Pakistan Stock Exchange (PSX), ARUJ's ongoing failure to meet the regulatory requirements has resulted in its continued listing in the Non-Compliant Segment under PSX Regulation 5.11.1(g). This status will persist until full compliance is achieved, at which point further actions will be evaluated in accordance with PSX regulations.

The market is closely monitoring the situation, as stakeholders await ARUJ's next steps in resolving these regulatory challenges.