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PSX Issues Risk Warning Alert Against 4 Listed Companies

The Pakistan Stock Exchange (PSX) has issued a Risk Warning Alert (RWA) against four listed companies for failing to pay the Annual Listing Fee (ALF) and the Securities and Exchange Commission of Pakistan (SECP) supervisory fee.

The affected companies include Amtex Limited (AMTEX), Ruby Textile Mills Limited (RUBY), Crescent Jute Products Limited (CJPL), and Dewan Textile Mills Limited (DWTM).

These companies have until April 21, 2025, to resolve their non-compliance under Clause 5.11.1.(d) of PSX regulations. Failure to meet this deadline may result in further action under Clause 5.11.3.(e), including a compulsory buy-back directive for major shareholders and sponsors.

Sr. No. Company Name Symbol Non-Compliance of PSX Regulations
1 Amtex Limited AMTEX 5.11.1.(d)(g)
2 Ruby Textile Mills Limited RUBY 5.11.1.(a)(d)(g)
3 Crescent Jute Products Limited CJPL 5.11.1.(a)(d) 5.11.2.(a)
4 Dewan Textile Mills Limited DWTM 5.11.1.(a)(d)(g) 5.11.2.(a)(c)

Even if the companies address the specific non-compliance by the deadline, they will remain in the Non-Compliant Segment until they rectify all regulatory breaches.

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