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Worldcall placed in non-compliant segment after court dismisses plea

Business Recorder • • 1 min read

Worldcall placed in non-compliant segment after court dismisses plea

Business Recorder reported that WorldCall Telecom Limited has been moved back into the Pakistan Stock Exchange's Non-Compliant Segment with effect from September 16, 2026. The shift follows a court order dated September 11, 2026, which rejected the company's plea for interim relief against regulatory action. Earlier, that application had led to a temporary return of the stock to the regular trading counter.

The exchange said WTL missed the additional listing fee tied to its larger paid-up capital, which was due by November 20, 2025, after a PSX letter dated November 05, 2025 had set that deadline. The placement rests on Clause 5.11.1.(d) of the PSX Regulations.

WTL has been given 90 days, until December 14, 2026, to correct the lapse. The PSX warned that failure to comply within that window could bring further regulatory action, including a risk warning alert against the company. WTL was incorporated in Pakistan in 2001 and is a telecom service provider.

At a glance

  • WTL was placed in the Non-Compliant Segment effective September 16, 2026.
  • A court dismissed the company's plea for interim relief on September 11, 2026.
  • WTL has until December 14, 2026 to rectify the unpaid listing fee issue.

Stocks in this story

Sectors:Technology & Communication

Originally reported by Business Recorder

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