The Pakistan Stock Exchange (PSX) has extended the suspension of trading in the shares of Dewan Mushtaq Textile Mills Limited and Pakistan Hotels Developers Limited for another 60 days, effective July 15, 2026.

PSX said Dewan Mushtaq Textile Mills remains under suspension after failing to address multiple regulatory and operational shortcomings. The company has halted its principal business operations, not held annual general meetings, failed to file audited annual financial statements, defaulted on exchange dues, and received an adverse audit opinion.

The exchange said trading in the company’s shares will resume only after these issues are resolved or upon the expiry of the latest suspension period, whichever is applicable under PSX regulations.

Separately, PSX also extended the trading suspension of Pakistan Hotels Developers Limited, which is in the process of voluntary winding up following shareholder approval.

The company’s shares will remain suspended until it completes the delisting process and meets all regulatory requirements, or for another 60 days from July 15.

The exchange said both extensions were made under Section 19(7) of the Securities Act, 2015, and Clause 5.11 of the PSX Regulations.