KARACHI: In a significant regulatory development, the Pakistan Stock Exchange (PSX) has announced that all listed companies are now required to include gender pay gap data in their annual reports and on their websites. This mandate is a continuation of efforts initiated with PSX's Notice no. PSX/N-1140 from November 26, 2024, and further emphasized through recent notices, including one dated June 01, 2026.

The Securities and Exchange Commission of Pakistan (SECP) issued Circular no. 10 of 2024 on April 17, 2024, which obligates listed companies to disclose gender pay gap data. This requirement is aligned with the Prime Minister's Women Empowerment Package (PM-WEP) 2024, highlighting the importance of transparency in promoting gender equality within Pakistan's corporate sector.

According to information available from the Pakistan Stock Exchange (PSX), the disclosure of gender pay gap data is mandatory for companies with fiscal years ending March 31, 2026, and June 30, 2026. These companies are specifically advised to adhere to the SECP's guidelines in their forthcoming annual reports.

Failure to meet these disclosure requirements or providing incomplete data may result in enforcement actions by the SECP against non-compliant companies. This initiative underscores a broader commitment to gender equality and diversity, aiming to foster a more equitable corporate environment in Pakistan.