Karachi: The Pakistan Stock Exchange (PSX) has announced the continued suspension of trading for three companies, citing a range of regulatory defaults. This decision, effective from August 30, 2026, extends the trading halt for another 60 days, as detailed in a report dated August 28, 2026.

The affected companies include M/s. Haydari Construction Company Limited, M/s. Mohammad Farooq Textile Ltd, and M/s. Saudi Pak Consultancy Company Limited. According to information available from the Pakistan Stock Exchange (PSX), the suspensions are due to various regulatory infringements and financial discrepancies.

M/s. Haydari Construction Company Limited and M/s. Mohammad Farooq Textile Ltd have both failed to hold their Annual General Meetings and submit their annual audited accounts. They are also facing winding-up petitions filed by the Securities and Exchange Commission of Pakistan (SECP) and have not paid their dues to the Exchange.

M/s. Saudi Pak Consultancy Company Limited has ceased its principal business operations and received an adverse opinion from its statutory auditor. Additionally, the SECP has cancelled its Non-Banking Finance Company (NBFC) license.

The PSX's decision, rooted in Sub-Section (7) of Section 19 of the Securities Act, 2015, and Clause 5.11 of the PSX Regulations, remains in effect until the mentioned causes of suspension are resolved or the specified period concludes. This action underscores the regulatory framework within the designated market category, aiming to uphold transparency and accountability in the market.