Karachi: Three companies have been placed in the "Non-Compliant Segment" by the Pakistan Stock Exchange for failing to pay their Annual Listing Fees and the Securities and Exchange Commission of Pakistan (SECP) supervisory fee for two consecutive years. The companies affected by this decision, effective from October 23, 2025, include Dewan Farooque Spinning Mills Limited, Imperial Limited, and Media Times Limited.
The Pakistan Stock Exchange, adhering to its Regulation 5.11.1.(d), has taken this step due to non-compliance with financial obligations. According to information available from the Pakistan Stock Exchange (PSX), these companies are now required to resolve their non-compliance issues by settling all outstanding fees within the next 90 days, with a deadline set for January 19, 2026.
Failure to meet this deadline could result in further actions as laid out under PSX Regulation 5.11.3.(d), which may include the issuance of a Risk Warning Alert against the companies. This move underscores the PSX's adherence to regulatory frameworks to ensure compliance within the market.
The PSX operates under the designated market category and continuously monitors compliance to maintain market integrity and transparency. The affected companies have been duly informed and are expected to take corrective measures to avoid potential repercussions.