Karachi: The Pakistan Stock Exchange (PSX) has announced the suspension of trading in the shares of M/s. Pakistan Hotels Developers Limited. This action follows the company's decision to voluntarily initiate winding-up proceedings as per a special resolution passed under Clause 5.11.2.(d) of the PSX Regulations. The announcement was made on July 14, 2026, as a continuation of PSX Notice No. PSX/N-607 dated May 15, 2026.

The trading suspension is set to commence from July 15, 2026, and will remain in effect until the company has been delisted upon meeting the necessary requirements or for a period of 60 days, whichever is sooner. The decision is in compliance with the powers granted to the Exchange under Sub-Section (7) of Section 19 of the Securities Act, 2015, and clause 5.11 of the PSX Regulations.

According to information available from the Pakistan Stock Exchange (PSX), the suspension of trading in the shares of Pakistan Hotels Developers Limited is a procedural step following the company's resolution to wind up its operations. The exchange has underscored the regulatory compliance of this decision, ensuring adherence to legal frameworks governing such actions.

The Pakistan Stock Exchange is categorized under the designated market category of stock exchanges, and it plays a crucial role in monitoring and regulating trading activities within its purview. The current development regarding Pakistan Hotels Developers Limited is aligned with the exchange's mandate to maintain orderly market conduct.