July 15, 2026 (MLN): The Pakistan Stock Exchange (PSX) has a Risk Warning Alert (RWA) against Pakistan Engineering Company Limited (PECO), effective from July 15, 2026, after the company failed to pay outstanding PSX dues and rectify its non-compliance with Regulation 5.11.1.(d) within the stipulated time.

The alert follows PSX Notice No. PSX/N-427 dated April 15, 2026, which had flagged the non-compliance for information of all concerned, and subsequent notices No. PSX/N-743 dated June 18, 2026, PSX/N-788 dated June 29, 2026, and PSX/N-847 dated July 07, 2026, regarding the compliance deadline.

A Risk Warning Alert is defined as an alert flagged with companies placed in the Non-Compliant Segment or the Winding-Up Segment that are in continuous violation, carrying the risk of suspension of trading or delisting from the exchange, and may be subject to such terms and conditions as specified by the exchange.

PECO has been provided 90 days' time, up to October 12, 2026, to rectify its non-compliance by paying the outstanding dues. In case of failure to do so, PSX will initiate action including issuance of a compulsory buy-back direction to the sponsors/majority shareholders of the company.

It may also be noted that even if PECO rectifies the non-compliance within the stipulated time, it shall remain quoted on the Non-Compliant Segment due to non-compliance of PSX Regulation 5.11.1.(g), until rectification of all non-compliances.