Karachi: Trading in the shares of M/s. Pakistan Hotels Developers Limited has been suspended following a special resolution passed by the company to initiate voluntary winding-up proceedings. This decision was detailed in a report dated September 11, 2026, and is pursuant to PSX Notice No. PSX/N-876 issued on July 14, 2026.

The suspension will remain in effect until the company is delisted, contingent upon meeting the necessary requirements, or for an additional period of 60 days starting from September 13, 2026. This action has been taken under the authority of Sub-Section (7) of Section 19 of the Securities Act, 2015, and in accordance with clause 5.11 of the PSX Regulations.

According to information available from the Pakistan Stock Exchange (PSX), the resolution for voluntary winding-up has been initiated under Clause 5.11.2.(d) of the PSX Regulations. The move is part of a structured process meant to address the company’s financial and operational concerns.

The designated market category for Pakistan Hotels Developers Limited remains unchanged during this suspension period. The company’s shareholders and market participants are advised to stay informed of further developments through official PSX communications.