Karachi: The Pakistan Stock Exchange (PSX) has noted significant and unusual movements in the trading volume of UDL International Limited ("UDLI") shares, prompting regulatory scrutiny. This development was formally communicated on June 4, 2025, in accordance with the requirements set forth under Section 97 of the Securities Act, 2015, as well as clause 5.6.3 of the PSX Regulations.

The regulations mandate that listed companies disclose any relevant information to the public if there is unusual activity in the price or volume of their traded securities. The PSX has specifically observed such unusual movement in the volume of UDLI shares over a recent period. This observation requires UDLI to provide clarity on any matters or developments that could be responsible for the unusual trading activity.

According to the stipulations, UDLI is required to inform the public either by detailing significant matters that may have influenced the trading volume or by stating that it is not aware of any such developments. Companies in similar situations must promptly disseminate material or price-sensitive information through the PSX, ensuring it reaches the public as per PSX Regulation 5.6.1.

According to information available from the Pakistan Stock Exchange (PSX), UDLI must provide comprehensive information to clarify its position regarding the trading activity. This is to be done promptly through the PSX's Public Companies Automated Reporting System (PUCARS) to ensure public awareness.

The unusual movement in UDLI shares has attracted attention within the market, categorized under the designated market category, emphasizing the importance of transparency and timely communication from the company. As the situation unfolds, both investors and regulatory bodies await UDLI's official clarifications.