PSX Adds 3 Companies to Defaulters’ Segment

ARUJ Industries Limited (ARUJ), Siddiqsons Tin Plate Limited (STPL), and Saritow Spinning Mills Limited (SSML) have been added to the Defaulters’ Segment of the Pakistan Stock Exchange (PSX) as of Thursday, December 5, 2024, according to a notification from the exchange.

These companies’ securities will be excluded from the SLB Eligible Securities, MF Eligible Securities, and MSF Eligible Securities lists starting from the same date, in accordance with the NCCPL Regulations, 2015, specifically Clauses 7A.3.4, 7B.3.1.4, and 7E.2.1.1.

Should these securities be reinstated during the review period, trading in SLB and MF markets will remain restricted until the review is completed. MSF eligibility will only be restored once the securities are removed from the Defaulters’ Segment by the exchange.