Karachi November 4 2021: Since M/s. Dadabhoy Cement Industries Limited shall remain suspended as the company has not so far removed the causes of suspension of trading in its shares relating to non-compliance, as per Pakistan Stock Exchange Rules.
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The causes of suspension include suspended commercial production / business operations in its principle line of business, CDS eligibility has been suspended by the CDC and adverse opinion in the audit report and Order has been issued by SECP authorizing the Registrar to present a petition for Winding-up of the company,
It has been decided that trading in the shares of the
Company shall remain suspended until such time the causes of suspension have been rectified or another period of 60 days effective from November 07, 2021.