Worldcall placed in non-compliant segment after court dismisses plea
WorldCall Telecom Limited (WTL) has been placed back in the Pakistan Stock Exchange’s (PSX) Non-Compliant Segment effective September 16, after a court dismissed the company’s application seeking interim relief against regulatory action. The move follows an order issued by the court on September 11, 2026, dismissing WTL’s application, which had previously resulted in a temporary restoration of…
WorldCall Telecom Limited (WTL) has been returned to the Pakistan Stock Exchange’s (PSX) Non-Compliant Segment effective September 16, following a court dismissing the company's plea for interim relief against regulatory action. The decision came after a court order on September 11, 2026, rejected WTL's application, which had earlier temporarily restored the company to the normal trading counter.
According to the PSX, WTL is now once again in the Non-Compliant Segment, in accordance with Clause 5.11.1.(d) of the PSX Regulations. This move was prompted by the company's failure to pay the additional listing fee due to an increase in its paid-up capital by the final deadline, which was November 20, 2025. The company was previously informed of this obligation via a PSX letter dated November 5, 2025.
WTL has been granted a 90-day window, until December 14, 2026, to rectify the non-compliance. If the company fails to meet this deadline, it may face further regulatory action, potentially including the issuance of a risk warning alert against WTL. Established in 2001, WTL is a public limited company incorporated in Pakistan, offering Wireless Local Loop (WLL) and Long Distance and International (LDI) services within the country.
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