Karachi, The Pakistan Stock Exchange (PSE) has announced that the suspension of trading in shares of M/s. Dadabhoy Cement Industries Limited will continue. The suspension, initially detailed in PSX Notice No. PSX/N-179 issued on February 23, 2023, remains in effect due to the company’s ongoing non-compliance with critical regulatory requirements.
Specifically, the company has not addressed violations of PSX Regulations clauses related to the suspension of its main business operations, CDS eligibility, and issues highlighted in the audit report. As a result, trading in the company's shares will remain halted for an additional 60 days starting April 25, 2024, pending rectification of these issues or further notice.