Karachi: Dewan Farooque Spinning Mills Limited (DFSM) will transition from the Non-Compliant Segment to the Normal Counter of the Pakistan Stock Exchange (PSX), effective January 22, 2026. This shift follows the company’s successful resolution of financial obligations that had previously resulted in its non-compliant status.

The company was initially placed on the Non-Compliant Segment under Clause 5.11.1.(d) of the PSX Regulations, as indicated in PSX Notice No. PSX/N-1124 on October 22, 2025. This placement was due to DFSM’s non-payment of the Annual Listing Fee for two consecutive years.

According to information available from the Pakistan Stock Exchange (PSX), DFSM has now addressed the outstanding dues, thereby rectifying the issue that led to its non-compliance. This development allows DFSM to regain its status on the Normal Counter, marking a significant change in its market category.

The transition is expected to take effect starting January 22, 2026, reinstating DFSM’s full compliance with PSX regulations.