Karachi: Shaffi Chemical Industries Limited (SHCI), currently listed in the “Winding-up Segment” of the Pakistan Stock Exchange (PSX) due to various regulatory non-compliances, has addressed one of its outstanding issues while facing a new compliance challenge. On October 29, 2025, SHCI resolved the non-compliance of clause 5.11.1.(d) by settling its outstanding dues with PSX, as noted in the Daily Quotations.
However, the company now faces an additional compliance issue. The statutory auditor of SHCI issued an adverse opinion in its audit report for the fiscal year ending June 30, 2025. As a result, non-compliance with PSX Regulation 5.11.1.(g) has been recorded against SHCI. This non-compliance is reflected in the PSX’s Daily Quotations as of October 29, 2025.
Despite rectifying the payment issue, SHCI remains listed in the “Winding-up Segment” under clauses 5.11.1.(a), (g), and 5.11.2.(b) of the PSX Regulations. This status will persist until all compliance issues are fully addressed. According to information available from the Pakistan Stock Exchange (PSX), the company’s position in this segment highlights ongoing challenges in meeting regulatory requirements.