Karachi: Waves Home Appliances Limited has successfully returned to the "Normal Counter" on the Pakistan Stock Exchange (PSX) following the settlement of its outstanding dues, according to an official announcement. The company had been placed on the Non-Compliant Segment under Clause 5.11.1.(d) of the PSX Regulations due to its failure to pay the Annual Listing Fee for two consecutive years, as per PSX Notice No. PSX/N-1290 dated October 21, 2026.

On October 22, 2026, PSX confirmed that Waves Home Appliances Limited, identified by its ticker symbol "WAVESAPP," had resolved the issue by paying its overdue fees, thus rectifying the reason for its earlier non-compliance. The company’s reinstatement to the Normal Counter marks its compliance with the regulatory requirements of the exchange.

According to information available from the Pakistan Stock Exchange (PSX), the resolution of this compliance issue is significant for the designated market category. With the dues now cleared, WAVESAPP is expected to continue its trading activities under regular conditions, assuring investors and stakeholders of its adherence to the financial obligations as stipulated by the PSX.