Karachi: Daimond Industries Limited has announced the resumption of its business operations effective January 1, 2026, following a period of inactivity that began on January 10, 2023. This development was detailed in a statement addressing a previous inquiry from the Pakistan Stock Exchange concerning the company’s compliance with mandatory Shariah disclosures.
In a letter dated April 1, 2026, the company clarified that it had incorporated the necessary disclosures in Note 31 of its Annual Audited Financial Statements for the year ending June 30, 2025. The note explicitly states that Daimond Industries Limited has no affiliations with any banks engaging in Shariah-compliant operations or those using Islamic banking windows.
According to information available from the Pakistan Stock Exchange (PSX), the company confirmed its adherence to the applicable PSX regulations, assuring stakeholders of its commitment to compliance. Daimond Industries Limited emphasized that the recent resumption of its operations marks a significant step forward after nearly three years of dormancy.
The designated market category of Daimond Industries Limited remains unaffected by these developments, and the company has pledged to keep all regulatory bodies informed of any future changes.