Karachi: The Pakistan Stock Exchange has extended the suspension of trading in the shares of Fateh Textile Mills Ltd and Haji Mohammad Ismail Mills Limited due to unresolved regulatory defaults. The decision was announced on August 25, 2026, with the suspension effective from August 26, 2026, for a further period of 60 days.
Fateh Textile Mills Ltd has faced multiple compliance issues, including the failure to hold annual general meetings, the non-submission of annual audited financial statements, non-payment of dues to the exchange, and a winding-up petition filed by creditors or shareholders in court.
Haji Mohammad Ismail Mills Limited has similarly been unable to resolve its regulatory defaults, which include the suspension of commercial production in its principal line of business, an adverse audit opinion, and a winding-up petition filed by the Securities and Exchange Commission of Pakistan (SECP).
According to information available from the Pakistan Stock Exchange (PSX), the suspension will remain in effect until the companies address these issues or an additional 60-day period lapses. The decision reflects the exchange's exercise of its powers under Sub-Section (7) of Section 19 of the Securities Act, 2015, and clause 5.11 of the PSX Regulations.
The extended suspension is part of the designated market category measures taken to ensure compliance with the regulatory framework governing listed entities in Pakistan.