Bawany Air Seeks Removal from PSX Non-Compliant List

Bawany Air Products Limited (PSX: BAPL) has formally requested the Pakistan Stock Exchange (PSX) to remove its name from the non-compliant segment after resuming operations aligned with its principal line of business.

According to a stock filing on Wednesday, the company has obtained an auditor’s certificate confirming that it has commenced operations in accordance with its declared business activities.

Companies are typically placed in the non-compliant segment if they fail to meet listing requirements such as business continuity or disclosure obligations.