Six Companies Face Continued Trading Suspension on Pakistan Stock Exchange

Karachi: The Pakistan Stock Exchange (PSX) announced that trading in the shares of six companies will remain suspended due to unresolved regulatory defaults. This decision, dated November 13, 2026, follows a previous notice issued on September 16, 2026, requiring the companies to address these issues.

The affected companies include Annoor Textile Mills Ltd, Dadabhoy Construction Technology Ltd., Hamid Textile Mills Ltd, Globe Textile Mills Ltd, Hajra Textile Mills Ltd, and Taj Textile Mills Limited. According to information available from the Pakistan Stock Exchange (PSX), these companies failed to meet various PSX regulations, resulting in their continued suspension.

Annoor Textile Mills Ltd has not held its Annual General Meetings, failed to submit annual audited accounts, neglected payment of dues, and has not inducted its ordinary shares into the Central Depository System (CDS). Additionally, a winding-up petition by the Securities and Exchange Commission of Pakistan (SECP) is pending in court.

Dadabhoy Construction Technology Ltd. ceased commercial operations in its principal business line, failed to hold its Annual General Meeting, and did not submit audited accounts. The company is also facing a disclaimer of opinion in the auditor's report, along with an SECP order for winding-up proceedings.

Hamid Textile Mills Ltd has not paid its dues to the exchange, failed to induct its ordinary shares into CDS, and received an adverse opinion in the independent auditor's report.

Globe Textile Mills Ltd has suspended its commercial operations, failed to conduct its Annual General Meeting or submit audited accounts, and is facing a winding-up petition from SECP.

Hajra Textile Mills Ltd is dealing with similar issues, including the failure to hold meetings, submit necessary accounts, and pay dues, alongside a pending winding-up petition in court.

Taj Textile Mills Limited has also failed to meet the requirements of holding meetings, submitting accounts, paying dues, and inducting shares into the CDS, with a court petition for winding-up by SECP.

The Pakistan Stock Exchange Limited has determined that trading in these companies' shares will remain suspended until the underlying issues are resolved or for an additional period of 60 days, starting November 16, 2026.