Karachi: Sunrays Textile Mills Ltd. has addressed recent fluctuations in the price and volume of its shares, confirming that no material developments or undisclosed matters have influenced these movements. The company's announcement follows a letter dated April 25, 2025, which sought an explanation for the unusual market activity.

In the communication, Sunrays Textile Mills Ltd. assured that it remains committed to promptly disclosing any significant or price-sensitive information that might affect the trading price or volume of its shares. The statement emphasized the company's adherence to the Securities Act, 2026, and Pakistan Stock Exchange (PSX) Regulations.

The company stated that, to the best of its knowledge, there are no material factors or developments that could have reasonably impacted the recent trading activity. "According to information available from the Pakistan Stock Exchange (PSX)," the fluctuations are not attributed to any undisclosed matters requiring disclosure under the current regulations.

Sunrays Textile Mills Ltd. reiterated its commitment to fulfilling disclosure obligations under applicable laws and regulations. The company has requested the Exchange to inform the TRE Certificate Holders accordingly. The textile sector remains the designated market category for Sunrays Textile Mills Ltd. as it continues to monitor market conditions and comply with regulatory requirements.