Dewan Farooque Motors placed in PSX Non-Compliant Segment over regulatory failures

The Pakistan Stock Exchange (PSX) has placed Dewan Farooque Motors Limited (DFML) in its Non-Compliant Segment after the company failed to meet key regulatory requirements for the fiscal year ending June 30, 2025.

According to PSX, DFML did not hold its annual general meeting (AGM) and also failed to submit its annual audited financial statements, violating Clauses 5.11.1(b) and (c) of PSX Regulations. The company has been given six months—until June 2, 2026—to rectify the default.

PSX stated that if DFML does not comply within the provided timeframe, the exchange will issue a Risk Warning Alert, and continued non-compliance for two consecutive years may lead to suspension of trading in the company’s shares.