Karachi: Trading in the shares of M/s. Fatima Enterprises Limited will continue to be suspended due to ongoing non-compliance with Pakistan Stock Exchange (PSX) regulations. The suspension will remain in effect for another 60 days starting March 15, 2025, or until the company resolves the issues that led to the suspension.
The PSX's decision follows a previous notice, PSX/N-067, issued on January 13, 2025, which highlighted the company's failure to comply with several key requirements. Fatima Enterprises Limited has not held its Annual General Meetings, submitted its audited annual accounts, or paid its dues to the Exchange, violating Clause 5.11.1.(b)(c)(d) of the PSX Regulations.
According to information available from the Pakistan Stock Exchange (PSX), these compliance failures necessitated the continuation of the trading suspension. The decision was made under the authority granted by Sub-Section (7) of Section 19 of the Securities Act, 2015, and clause 5.11 of the PSX Regulations.
The market category affected by this suspension is the designated market where Fatima Enterprises Limited operates. The suspension aims to uphold regulatory standards and protect the interests of investors.