Karachi: The Pakistan Stock Exchange (PSX) has announced the suspension of trading in the shares of National Fibres Limited and Prudential Investment Bank Limited due to regulatory defaults. The decision, effective from August 2, 2026, was disclosed in a report dated July 31, 2026, and follows a previous notice issued on June 2, 2026.

The two companies have failed to comply with several regulatory requirements, including holding Annual General Meetings, submitting audited annual accounts, and paying dues to the exchange. Furthermore, both companies have not inducted their ordinary shares into the Central Depository System (CDS), and winding-up petitions have been filed by the Securities and Exchange Commission of Pakistan (SECP) against them in court.

According to information available from the Pakistan Stock Exchange (PSX), trading in the shares of the companies will remain suspended until the causes of suspension are rectified or for a further period of 60 days. This action is in accordance 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.

The designated market category affected by this suspension includes the shares of both National Fibres Limited and Prudential Investment Bank Limited. The suspension underscores the importance of regulatory compliance for listed companies to maintain their trading status on the exchange.