The Pakistan Stock Exchange (PSX) has extended the suspension of trading in the shares of five listed companies for another 60 days, effective September 21, 2026.
The decision affects Abson Industries Limited, English Leasing Limited, Sadoon Textile Industries Limited, Hakkim Textile Mills Limited and Suraj Ghee Industries Limited.
According to the PSX notice, trading in the shares of these companies will remain suspended until the reasons behind the suspension are addressed or the additional 60-day period expires.
The exchange said the companies have not yet resolved the compliance issues that led to the suspension of trading. The companies are required to meet certain regulatory and reporting obligations before normal trading can resume.
The outstanding issues include failure to hold annual general meetings, submit annual audited financial statements and pay dues owed to the Pakistan Stock Exchange.
The five companies and their PSX symbols are Abson Industries Limited (ABSON), English Leasing Limited (ENGL), Sadoon Textile Industries Limited (SDOT), Hakkim Textile Mills Limited (HKKT) and Suraj Ghee Industries Limited (SURAJ).
The latest extension means investors will continue to be unable to trade the shares of these companies on the PSX during the suspension period, unless the relevant compliance matters are resolved and the exchange takes action to restore trading.
PSX maintains a framework for monitoring listed companies and can suspend trading when companies fail to meet applicable listing and disclosure requirements. The exchange’s non-compliant companies portal also lists Abson Industries, English Leasing, Sadoon Textile Industries, Hakkim Textile Mills and Suraj Ghee Industries among companies with compliance-related issues.
Holding annual general meetings is an important corporate requirement because these meetings provide shareholders with an opportunity to receive company updates and participate in specified corporate matters.
Similarly, audited annual accounts provide investors and regulators with financial information about a company’s performance and position. Outstanding exchange dues are also part of the compliance matters that listed companies are expected to address.
For shareholders of the five companies, the continued suspension means there is currently no regular trading of their shares on the exchange. Any future change in trading status will depend on the companies addressing the relevant issues and the PSX announcing the next regulatory action.
The latest PSX action highlights the importance of timely regulatory compliance for companies listed on Pakistan’s capital market. Companies that do not fulfill reporting, meeting and financial obligations can face restrictions on trading in their securities.
The PSX’s official announcements page continues to publish regulatory notices and company-related updates, while its non-compliant companies portal provides information on companies facing compliance issues.
For investors, the status of these five companies may therefore remain subject to further announcements from the Pakistan Stock Exchange. Until the relevant requirements are fulfilled or PSX announces otherwise, trading in the affected shares remains suspended under the extended 60-day period.
