Karachi: The Pakistan Stock Exchange (PSX) has announced the suspension of trading in the shares of three companies due to ongoing regulatory issues. The decision, effective from September 11, 2025, follows the companies’ failure to address the causes of suspension previously communicated in PSX Notices No. PSX/N-728 dated July 11, 2025.

According to the PSX, the companies in question are M/s. Al-Abid Silk Mills Limited, M/s. Dewan Salman Fibre Limited, and M/s. Fatima Enterprise Limited. The trading suspension arises from various defaults under PSX Regulations, with each company facing distinct challenges.

M/s. Al-Abid Silk Mills Limited and M/s. Dewan Salman Fibre Limited have both suspended their commercial production and business operations in their principal lines of business. Additionally, auditors have issued adverse opinions in their audit reports, and the Securities and Exchange Commission of Pakistan (SECP) has ordered the filing of winding-up petitions in court. Creditors have also filed winding-up petitions against these companies.

For M/s. Fatima Enterprise Limited, the suspension results from its failure to hold Annual General Meetings, submit annual audited accounts, and settle dues with the Exchange.

According to information available from the Pakistan Stock Exchange (PSX), trading in these companies’ shares will remain suspended until the identified issues are rectified or for an additional period of 60 days. This action is taken under the authority granted to the Exchange by Sub-Section (7) of Section 19 of the Securities Act, 2015, and Clause 5.11 of the PSX Regulations. The designated market category for these companies remains unchanged during the suspension period.

Investors and stakeholders are advised to remain informed about developments related to these suspensions, as the Exchange works to ensure compliance and transparency in the market.