Haseeb Waqas Sugar Mills yet to clear PSX penalties
04-Nov-2025
MettisGlobal
November 04, 2025 (MLN): The Pakistan Stock Exchange (PSX) said that Haseeb Waqas Sugar Mills Limited (PSX: HWQS) continues to remain in the Non-Compliant Segment due to ongoing violations of listing regulations, including non-payment of penalties and annual listing fees.
, HWQS is
already placed in the Non-Compliant Segment for suspending commercial
operations in its principal line of business for over a year and failing to pay
the Annual Listing Fee for two consecutive years. The company has now further
defaulted on a penalty imposed by PSX in September 2025.
The exchange stated that HWQS will remain in the
Non-Compliant Segment until all outstanding dues, including annual fees and
penalties, are fully cleared.
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