D.M. Textile Mills Limited Complies with PSX Regulations, Requests Removal from Non-Compliant Segment

Karachi: D.M. Textile Mills Limited, in its quarterly progress report under PSX Regulation 5.11.2(b) for the quarter ending June 30, 2025, announced its compliance with Pakistan Stock Exchange (PSX) regulations following a change in its principal line of business and company name. The company, in a letter dated July 2, 2025, reported rectifying non-compliances related to PSX Regulations 5.11.1(a) and 5.11.1(g).

The company confirmed that it has submitted certificates from its external auditor to the PSX, affirming its adherence to the regulatory requirements. According to information available from the Pakistan Stock Exchange (PSX), D.M. Textile Mills Limited has requested the exchange to remove its name from the non-compliant segment and unfreeze the shares of its Directors.

This development signifies a positive step for D.M. Textile Mills Limited in its efforts to align with regulatory standards and enhance its market position. The company awaits a decision from the PSX regarding its request for removal from the non-compliant segment.