PSX reminds listed companies to disclose gender pay gap data in their annual reports

Profit reported that the Pakistan Stock Exchange has told listed companies that publishing gender pay gap figures is compulsory, both in annual reports and on company websites. The reminder, issued on Monday, restates the duty set out in SECP Circular No. 10 of 2024, dated April 17, 2024, and cautions that missing or incomplete data could invite action from the regulator.

Companies with June year ends must follow the rules in annual reports covering the period that closes on June 30, 2026. Each statement must show the mean and the median figure, and carry the signature of the chief executive or of a director acting for the board. The mean compares average hourly pay of men and women among full-pay relevant employees, while the median compares middle hourly pay, with both gaps expressed as a share of male pay.

Pay counted here includes allowances in cash, holiday and leave pay, and shift work premiums where relevant. Overtime, on-call fees, termination or notice pay, pension contributions and non-cash items such as car benefits are excluded, along with amounts tied to other pay periods. The exchange said the aim is more transparency and greater gender equality across the corporate sector, and it linked the rule to the Prime Minister's Women Empowerment Package 2024.