Karachi: Two companies listed on the Pakistan Stock Exchange (PSX) are facing potential disciplinary actions due to non-compliance with PSX Regulation 5.11.1.(d), as confirmed in a recent notice. Dewan Farooque Spinning Mills Limited and Imperial Limited have been identified as failing to pay their Annual Listing Fee (ALF) for two consecutive years, along with the Securities and Exchange Commission of Pakistan (SECP) supervisory fee, as mandated by the SECP notification SRO No. SRO 598(1)/2016, dated June 29, 2016.
According to information available from the Pakistan Stock Exchange (PSX), these companies have been given until January 19, 2026, to settle their outstanding dues. Should they fail to comply within this deadline, the exchange has indicated that further actions will be initiated under PSX Regulation 5.11.3.(d). This could include the issuance of a Risk Warning Alert against both entities, marking a significant move in ensuring adherence to regulatory requirements.
The notice, dated January 12, 2026, serves as a critical reminder of the compliance obligations that companies must meet to maintain their standing on the exchange. The designated market category for both companies remains unchanged as of the latest communication. The PSX had previously notified all concerned parties of this non-compliance through Notice No. PSX/N-1124 dated October 22, 2025.