Karachi: The Pakistan Stock Exchange (PSX) has announced the suspension of trading for the shares of M/s. Pakistan Hotels Developers Limited. The suspension follows the company's decision to initiate a voluntary winding-up proceeding, as detailed in a special resolution passed by the company. This action is in accordance with Clause 5.11.2.(d) of the PSX Regulations.

The trading halt is set to commence on March 17, 2026, and will remain in effect until the company fulfills the necessary requirements for delisting or for an additional period of 60 days. This decision is executed under the authority granted by Sub-Section (7) of Section 19 of the Securities Act, 2015, and Clause 5.11 of the PSX Regulations.

According to information available from the Pakistan Stock Exchange (PSX), this move is part of the regulatory framework designed to manage companies undergoing significant structural changes such as voluntary liquidation. The exchange has emphasized the importance of adherence to these regulations to ensure orderly market operations.

The announcement comes in continuation of PSX Notice No. PSX/N-62 dated January 15, 2026, which initially addressed the subject matter. Stakeholders and investors are advised to take note of this development for their records and future reference.