Karachi: Macter International Limited has addressed concerns regarding the unusual movement in the price of its shares, as highlighted in a letter from the Pakistan Stock Exchange (PSX) dated April 18, 2025. The company stated that it is unaware of any specific reasons for the noted fluctuations in its share price. Furthermore, Macter International Limited confirmed that neither its directors nor any of its employees are involved in trading activities that could have influenced the share price.

The company emphasized its commitment to adhering to the Securities Act, 2015 and the PSX Rule Book, particularly concerning the disclosure of price-sensitive information. Macter International Limited assured the stock exchange that any material information impacting share prices would be disclosed in compliance with existing legal requirements.

According to information available from the Pakistan Stock Exchange (PSX), the inquiry into Macter International Limited's share price movement falls under the designated market category, which monitors trading activities to ensure transparency and prevent market manipulation.

Macter International Limited expressed hope that the provided clarification would satisfy the inquiries made by the PSX, reiterating its dedication to maintaining transparency and upholding regulatory standards.