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KARACHI STOCK EXCHANGE LIMITED




List of Companies in which Trading is Suspended
along with Reasons for Suspension


23-02-2011
S.
No.
Name of Suspended Company /
Security
Effective Date
of Suspension
Reasons for Suspension
1 Colony Mills Limited May 5, 2014 Merger / Amalgamation with and into Colony
Textile Mills Limited
2 First Habib Bank Modaraba March 28, 2014 Has gone into Voluntary Winding-up
3 Moonlite (Pakistan) Limited March 17, 2014 Has gone into Voluntary Winding-up
4 Gulistan Textile Mills Limited January 6, 2014 Official Liquidator has been appointed by the
Honble High Court of Sindh
5 Mandviwala Mauser Plastic Industries
Limited
December 9,
2013
Non-Holding of Annual General Meetings for
two or more years as required under Listing
Regulation No.30(1)(b).
6 Metropolitan Steel Corporation
Limited
December 9,
2013
Non-Holding of Annual General Meetings for
two or more years as required under Listing
Regulation No.30(1)(b).
7 Transmission Engineering Industries
Limited
December 9,
2013
Non-Holding of Annual General Meetings for
two or more years as required under Listing
Regulation No.30(1)(b).
8 Husein Industries Limited December 9,
2013
Non-Holding of Annual General Meeting
9 S. G. Fibre Limited April 11, 2013 Failed to fulfill the requirements of Listing
Regulation No.30(1)(e) i.e. payment of
outstanding Annual Listing Fee
10 Pak Leather Crafts Limited April 11, 2013 Failed to fulfill the requirements of Listing
Regulation No.30(1)(e) i.e. payment of
outstanding Annual Listing Fee
11 First Dawood Mutual Fund March 26, 2013 Directive received from SECP.
12 Fateh Textile Mills Limited March 7, 2013 Winding-up proceedings have been initialed.
13 (Colony) Sarhad Textile Mills Limited August 1, 2012 Failed to fulfill the requirements of Listing
Regulation No.30(1)(g) i.e. induction of
Ordinary Shares into CDC.
14 Annoor Textile Mills Limited August 1, 2012 Failed to fulfill the requirements of Listing
Regulation No.30(1)(e) i.e. payment of
outstanding Annual Listing Fee and Listing
Regulation No.30(1)(g) i.e. induction of
Ordinary Shares into CDC.
15 Bela Automotives Limited August 1, 2012 Failed to fulfill the requirements of Listing
Regulation No.30(1)(g) i.e. induction of
Ordinary Shares into CDC.
16 Central Forest Products Limited August 1, 2012 Failed to fulfill the requirements of Listing
Regulation No.30(1)(g) i.e. induction of
Ordinary Shares into CDC.
17 Dadabhoy Construction Technology
Limited
August 1, 2012 Failed to fulfill the requirements of Listing
Regulation No.30(1)(e) i.e. payment of
outstanding Annual Listing Fee and Listing
Regulation No.30(1)(g) i.e. induction of
Ordinary Shares into CDC.
Page 2 of 6

S.
No.
Name of Suspended Company /
Security
Effective Date
of Suspension
Reasons for Suspension
18 Hamid Textile Mills Limited August 1, 2012 Failed to fulfill the requirements of Listing
Regulation No.30(1)(e) i.e. payment of
outstanding Annual Listing Fee and Listing
Regulation No.30(1)(g) i.e. induction of
Ordinary Shares into CDC.
19 Khurshid Spinning Mills Limited August 1, 2012 Failed to fulfill the requirements of Listing
Regulation No.30(1)(g) i.e. induction of
Ordinary Shares into CDC.
20 Mehr Dastgir Textile Mills Limited August 1, 2012 Failed to fulfill the requirements of Listing
Regulation No.30(1)(e) i.e. payment of
outstanding Annual Listing Fee and Listing
Regulation No.30(1)(g) i.e. induction of
Ordinary Shares into CDC.
21 Morafco Industries Limited August 1, 2012 Failed to fulfill the requirements of Listing
Regulation No.30(1)(g) i.e. induction of
Ordinary Shares into CDC.
22 Saleem Denim Industries Limited August 1, 2012 Failed to fulfill the requirements of Listing
Regulation No.30(1)(e) i.e. payment of
outstanding Annual Listing Fee and Listing
Regulation No.30(1)(g) i.e. induction of
Ordinary Shares into CDC.
23 Service Fabrics Limited August 1, 2012 Failed to fulfill the requirements of Listing
Regulation No.30(1)(e) i.e. payment of
outstanding Annual Listing Fee and Listing
Regulation No.30(1)(g) i.e. induction of
Ordinary Shares into CDC.
24 Service Industries Textiles Limited August 1, 2012 Failed to fulfill the requirements of Listing
Regulation No.30(1)(g) i.e. induction of
Ordinary Shares into CDC.
25 Taj Textile Mills Limited August 1, 2012 Failed to fulfill the requirements of Listing
Regulation No.30(1)(e) i.e. payment of
outstanding Annual Listing Fee and Listing
Regulation No.30(1)(g) i.e. induction of
Ordinary Shares into CDC.
26 Globe Textile Mills Limited August 1, 2012 Failed to fulfill the requirements of Listing
Regulation No.30(1)(g) i.e. induction of
Ordinary Shares into CDC.
27 Data Textiles Limited August 1, 2012 Failed to fulfill the requirements of Listing
Regulation No.30(1)(e) i.e. payment of
outstanding Annual Listing Fee of the
Exchange.
28 Genertech Pakistan Limited August 1, 2012 Failed to fulfill the requirements of Listing
Regulation No.30(1)(e) i.e. payment of
outstanding Annual Listing Fee of the
Exchange.
29 Hajra Textile Mills Limited August 1, 2012 Failed to fulfill the requirements of Listing
Regulation No.30(1)(e) i.e. payment of
outstanding Annual Listing Fee of the
Exchange.
30 Saleem Sugar Mills Limited
(Ordinary & Preference Shares)
May 2, 2012 Non-Holding of Annual General Meetings for
two or more years as required under Listing
Regulation No.30(1)(b).
Page 3 of 6

S.
No.
Name of Suspended Company /
Security
Effective Date
of Suspension
Reasons for Suspension
31 Gauhar Engineering Limited March 21, 2012 Failed to fulfill the requirements of Listing
Regulation No.30(1)(e) i.e. payment of
outstanding Annual Listing Fee and Listing
Regulation No.30(1)(g) i.e. induction of
Ordinary Shares into CDC.
32 Fatima Enterprises Limited March 21, 2012 Failed to induct Ordinary Shares of the
Company into CDS of the Central Depository
Company of Pakistan Limited under Listing
Regulation No.30(1)(g)
33 Globe Textile Mills (OE) Limited March 21, 2012 Failed to induct Ordinary Shares of the
Company into CDS of the Central Depository
Company of Pakistan Limited under Listing
Regulation No.30(1)(g)
34 Ishtiaq Textile Mills Limited March 21, 2012 Failed to induct Ordinary Shares of the
Company into CDS of the Central Depository
Company of Pakistan Limited under Listing
Regulation No.30(1)(g)
35 Javed Omar Vohra & Company Limited March 1, 2012 Winding up Petition under Section 305, 306 &
309 read with Section 325 of the Companies
Ordinance, 1984 has been filed in the
Honorable High Court of Sindh by Bank Alfalah
36 First Constellation Modaraba February 24,
2012
Has gone into voluntary winding up and
appointment of Liquidator
37 Al-Azhar Textile Mills Limited February 16,
2012
Failed to fulfill the requirements of Listing
Regulation No.30(1)(e) i.e. payment of
outstanding Annual Listing Fee of the
Exchange.
38 Al-Qaim Textile Mills Limited February 16,
2012
Non-Holding of Annual General Meetings for
two or more years as required under Listing
Regulation No.30(1)(b).
39 Hashimi Can Company Limited February 16,
2012
Non-Holding of Annual General Meetings for
two or more years as required under Listing
Regulation No.30(1)(b).
40 Zahur Cotton Mills Limited February 16,
2012
Failed to fulfill the requirements of Listing
Regulation No.30(1)(e) i.e. payment of
outstanding Annual Listing Fee and Listing
Regulation No.30(1)(g) i.e. induction of
Ordinary Shares into CDC.
41 Security Leasing Corporation (Pref.
Shares)
19-08-2011 Final Redemption
42 S.S. Oil Mills Limited December 30,
2011
Violations of Listing Regulation No.30(1)(g)
43 Extraction (Pakistan) Limited August 16,
2010
Directive received from SECP. Mr. Abid Tirmizi
has been appointed as Official Liquidator.
44 Medi Glass Limited August 16,
2010
Directive received from SECP. Mr. Adil Nisar
Khan appointed as Official Liquidator.






Page 4 of 6

S.
No.
Name of Suspended Company /
Security
Effective Date
of Suspension
Reasons for Suspension
45 Mineral Grinding Mills Limited August 16,
2010
Directive received from SECP. On December
31, 2003 an order was passed by the
Commissioner (CLD) to initiate winding-up
proceedings against the company as the
company has not held its AGMs since 1999
and has also suspended its business for more
than four years. The Honourable High Court of
Sindh has appointed Official Liquidator to sell
out the asset of the Company.
46 Abson Industries Limited August 16,
2010
Directive received from SECP. Liquidator
appointed on 30-5-2000.
47 Saif Nadeem Kawasaki Motors Limited August 16,
2010
Directive received from SECP. Winding up
petition u/s 305 and 309 was filed in 2003 and
is pending for adjudication in the Peshawar
High Court Bench, at Abbotabad.
48 Prudential Stocks Fund Limited August 16,
2010
Directive received from SECP. An order for
winding up of the company was issued on May
20, 2008. Winding up order was challenged by
the company, petition pending in Court for
decision.
49 Quality Steel Works Limited August 16,
2010
Directive received from SECP. Beside imposing
penalty of around 3 million, under Section
158, 171 and 245, Winding up Order has also
been passed by the Commission and petition
for winding up the Company is filed in the
Sindh High Court.
50 English Leasing Limited August 16,
2010
Directive received from SECP. Winding-up
Petition filed in May 2008.
51 Sunshine Cotton Mills Limited August 16,
2010
Directive received from SECP. The company
filed winding up petition in the Lahore High
Court which is pending for further
proceedings.
52 Sadoon Textile Industries Limited August 16,
2010
Directive received from SECP. Under winding
up, Petition filed.

53 Hakkim Textile Mills Limited August 16,
2010
Directive received from SECP. Winding up
petition filed.
54 Suraj Ghee Industries Limited August 16,
2010
Directive received from SECP. GCP filed a
creditors liquidation petition (C.O. No.121/94)
in the Lahore High Court. The liquidation
proceedings are under process.
55 Hallmark Insurance Company Ltd. August 16,
2010
Directive received from SECP. Failed to fulfill
the requirements of Listing Regulation
No.30(1)(e) i.e. payment of outstanding
Annual Listing Fee and Listing Regulation
No.30(1)(g) i.e. induction of Ordinary Shares
into CDC.
56 Prudential Discount & Guarantee
House Limited
August 16,
2010
Directive received from SECP. Winding up
Petition was filed in 2002. Presently the
winding up petition of the company is pending
adjudication before the Honorable Islamabad
High Court.
Page 5 of 6

S.
No.
Name of Suspended Company /
Security
Effective Date
of Suspension
Reasons for Suspension
57 Pakistan Guarantee Insurance
Company Ltd.
March 16, 2010 Directive received from SECP. SECP had
initiated winding-up proceedings against the
company in the court of law on account of
non-compliance of various provisions of the
Insurance Ordinance, 2000 and the Companies
Ordinance, 1984.
58 Azgard Nine (Preference Shares) November 20,
2009
On account of consolidation / clubbing and
conversion of cumulative preference shares
into ordinary shares.
59 Usman Textile Mills Limited


November 17,
2009
On account of revocation of CDS eligibility of
the ordinary shares of the company by the
CDC.
60 First Investec Modaraba November 17,
2009
On account of revocation of CDS eligibility of
the Certificates of the Modaraba by the CDC.
61 Investec Securities Limited November 17,
2009
On account of revocation of CDS eligibility of
the ordinary shares of the company by the
CDC.
62 Al-Mal Securities & Services Limited November 17,
2009
On account of revocation of CDS eligibility of
the ordinary shares of the company by the
CDC.
63 Investec Mutual Fund Limited October 26,
2009
On account of revocation of CDS eligibility of
the certificates of the Fund by the CDC.
64 Dominion Stock Fund Limited October 26,
2009
On account of revocation of CDS eligibility of
the certificates of the Fund by the CDC.
65 Nazir Cotton Mills Limited October 26,
2009
On account of revocation of CDS eligibility of
the ordinary shares of the company by the
CDC.
66 Nina Industries Limited October 26,
2009
On account of revocation of CDS eligibility of
the ordinary shares of the company by the
CDC.
67 Dadabhoy Sack Limited October 26,
2009
On account of revocation of CDS eligibility of
the ordinary shares of the company by the
CDC.
68 Pakistan Industrial & Commercial
Leasing Limited
October 26,
2009
On account of revocation of CDS eligibility of
the ordinary shares of the company by the
CDC.
69 Noor Silk Mills Limited August 11,
2009
Directive received from SECP. SECP during the
inspection noted the serious observations /
irregularities / violations of law by Company
including fraud committed by Director,
concealment of company's income, non
maintenance of proper books of accounts, non
compliance with the directions of SECP etc.
Therefore SECP in process of initiating
winding-up proceedings against the company.
70 Zeal Pak Cement Factory Limited July 13, 2009 Restriction on movement of shares by the
Honourable High Court of Sindh.
71 National Asset Leasing Corp Limited March 24, 2009 On account of revocation of CDS eligibility of
the ordinary shares of the company by the
CDC. Appointment of Official Liquidator.
72 Progressive Insurance Company
Limited
January 30,
2009
Directive received from SECP. The company is
non-compliant with various provisions of
Insurance Ordinance, 2000.
Page 6 of 6

S.
No.
Name of Suspended Company /
Security
Effective Date
of Suspension
Reasons for Suspension
73 Prudential Investment Bank Limited September 5,
2008
On account of revocation of CDS eligibility of
the ordinary shares of the company by the
CDC.
74 Adil Textile Mills Limited March 31, 2008 On account of revocation of CDS eligibility of
the ordinary shares of the company by the
CDC.
75 Business & Industrial Insurance March 5, 2008 Directive received from SECP. The company
has failed to comply with various provisions of
the Insurance Ordinance, 2000 and the
Companies Ordinance, 1984.
76 Beema Pakistan Company Limited May 3, 2007 Directive received from SECP. The company
had issued further share capital amounting to
Rs.425.897 other than right issue without prior
approval of SECP, which is violation of Section
86(1) of the Companies Ordinance, 1984 and
the requirements of Rule 8 of the Capital Issue
Rules, 1996 (condition i & iv) were also not
complied with.
77 Caravan East Fabrics Limited September 15,
2006
On account of Members' voluntary winding-up
of the company.
78 Regal Ceramics Limited July 18, 2005 Committed various defaults including Winding
up through Court order on petition filed by the
SECP.
79 Azmat Textile Mills Limited July 18, 2005 Committed various defaults including Winding
up through Court order on petition filed by the
SECP.
80 Kaiser Arts and Kraft Limited July 18, 2005 Committed various defaults including Winding
up through Court order on petition filed by the
SECP.
81 Schon Textiles Limited May 9, 2005 On account of liquidation of the Company
through Court Order
82 Cass Pak Industries Limited July 23, 2002 Committed various defaults including gone
into liquidation
83 Pan Islamic Steamship Company
Limited
July 23, 2002 Committed various defaults including gone
into liquidation
84 National Fibers Limited August 13,
2001
On account of liquidation of the Company
through Court Order
85 Standard Insurance Company Limited July 16, 2001 Committed various defaults under Listing
Regulation No.30
86 Ayaz Textile Mills Limited July 16, 2001 Committed various defaults under Listing
Regulation No.30
87 Mohib Exports Limited July 16, 2001 Having gone into liquidation and committed
various defaults under Listing Regulation
No.30
88 Karim Cotton Mills Limited October 2,
2000
Directive received from SECP

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