Worldcall Telecom Restored to Normal Counter on PSX Following Court OrderWorldcall Telecom Restored to Normal Counter on PSX Following Court Order
The Pakistan Stock Exchange (PSX) has restored Worldcall Telecom Limited (WTL) to its Normal Counter, removing it from the Non-Compliant Segment after a court order restrained the exchange from taking further action against the company.
According to a notice issued by the PSX, WTL was previously placed in the Non-Compliant Segment under section 5.11.1.(d) of the PSX Regulations for failing to pay the additional listing fee applicable on an increase in its paid-up capital within the stipulated deadline.
The company’s placement in the Non-Compliant Segment was announced on December 2, 2025.
However, the PSX has now received a copy of a court order dated November 21, 2025, from the Senior Civil Judge Class-I in Lahore. The order restrains the PSX from taking any coercive measures against WTL until the next date of hearing.
As a result, the PSX has restored WTL to the Normal Counter effective December 3, 2025, and will proceed further in the matter as per the court’s decision.
The post Worldcall Telecom Restored to Normal Counter on PSX Following Court Order appeared first on ProPakistani.
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The Pakistan Stock Exchange (PSX) has restored Worldcall Telecom Limited (WTL) to its Normal Counter, removing it from the Non-Compliant… Read More
The post Worldcall Telecom Restored to Normal Counter on PSX Following Court Order appeared first on ProPakistani.