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.