Karachi September 1 2022: Quice Food Industries Limited is in the Defaulters’ Segment on account of non-compliance under PSX regulations for failure to pay the penalty imposed by the Exchange within the specified period.
In this context, it is hereby informed to all concerned that QUICE has up to September 29, 2022 to rectify the said non-compliance of PSX Regulation.
In case QUICE fails to rectify the default clause and/or take any corrective measures within the stipulated time, trading in shares of the Company may be suspended, followed by further action(s) under subsequent provisions of clause 5.1 1.2. of PSX Regulations.
Quice Food Industries Limited was incorporated in Pakistan on 12 March 1990 as a Private Limited Company and was converted into Public Limited Company on 13 December 1993. Principal activities of the Company are manufacturing and sale of Jam, Jelly, Syrups, Custard powder, Pickles, Essence, Juices and Aerated drinks and its Allied Products.
