PSX extends trading suspension of four companies for another 60 days over regulatory violations

The Pakistan Stock Exchange has extended the trading suspension on four listed companies by another 60 days, starting October 19, 2026. According to Profit, published by Pakistan Today, the exchange kept the halt in place because the firms did not fix regulatory breaches and other pending compliance matters. The two notices cover Al-Mal Securities & Services Limited, First Investec Modaraba, Usman Textile Mills Limited and Dewan Khalid Textile Mills Limited.

Al-Mal Securities, First Investec Modaraba and Usman Textile Mills have not held annual general meetings, filed audited annual accounts, cleared exchange dues or entered their shares into the Central Depository System. The Securities and Exchange Commission of Pakistan has filed winding-up petitions against all three firms. Their breaches continued even after an earlier notice dated August 19, 2026.

Dewan Khalid Textile Mills faces a separate extension tied to a halt in commercial production in its main line of business, along with missed meetings, unfiled audited statements and unpaid exchange dues. Its auditor gave an adverse opinion, the SECP has ordered a winding-up petition to be filed, and creditors have separately filed one in court. Trading in all four stocks stays suspended until the breaches are cured or a fresh 60-day period runs out, under Section 19(7) of the Securities Act, 2015.