Karachi: Asim Textile Mills Limited (ASTM) is set to return to the Normal Counter of the Pakistan Stock Exchange (PSX) following its compliance with outstanding regulatory obligations. The change takes effect on February 6, 2026, marking a significant development for the textile company and its stakeholders.
The transition comes after ASTM addressed its previous placement on the Non-Compliant Segment, a move initially triggered by its failure to pay outstanding dues to the PSX under Clause 5.11.1.(d) of the PSX Regulations. According to information available from the Pakistan Stock Exchange (PSX), the company has now settled its dues, rectifying the issues that led to the non-compliance.
This adjustment follows a series of regulatory notifications, including PSX Notice No. PSX/N-410 dated April 22, 2025, which initially placed ASTM on the Non-Compliant Segment. Further actions included a referral of the case to the Securities and Exchange Commission of Pakistan (SECP) on January 19, 2026, as per PSX Regulation 5.11.3.(g), due to continued non-compliance.
ASTM's shift back to the Normal Counter is a notable event within the designated market category, signifying the company’s restored standing in the market. Stakeholders and investors will be closely observing the implications of this move as ASTM resumes regular trading activities on the PSX.