Unusual Share Price Movement at At-Tahur Limited Raises Questions

Lahore: At-Tahur Limited, a company listed on the Pakistan Stock Exchange, has addressed concerns regarding an unusual movement in its share price. In a statement issued in response to a query dated April 28, 2025, the company stated that it is neither aware of nor possesses any information that could have contributed to the unusual price movement.

The company clarified that its recent financial activities, including the redemption of Sukuk on April 7, 2025, the issuance of a second Sukuk on April 8, 2025, and the withdrawal of an earlier notice dated April 7, 2025, were disclosed in strict accordance with the applicable rules and regulations of the Pakistan Stock Exchange (PSX). These decisions, according to the company, were confined strictly to its management and were not accessible to the general public prior to the disclosures.

According to information available from the Pakistan Stock Exchange (PSX), the unusual price movement in At-Tahur Limited's shares appears to have commenced before the events mentioned, and the company asserts that the movement is not attributable to these specific disclosures.

At-Tahur Limited has emphasized its commitment to complying with all applicable legal and regulatory frameworks and assures its adherence to high standards of corporate governance and transparency. The company remains steadfast in its dedication to maintaining transparency and accountability in its operations within the designated market category of listed securities on the PSX.