Karachi: Kohat Textile Mills Limited has been notified by the Pakistan Stock Exchange (PSX) regarding unusual movements in the price of its shares, prompting an inquiry into the cause. The PSX observed these irregularities over the preceding period, leading to a request for clarification from the company.

On June 4, 2025, the PSX highlighted the need for Kohat Textile Mills Limited, designated under the market category of listed companies, to address the unusual price fluctuations. This requirement aligns with Section 97 of the Securities Act, 2015, and clause 5.6.3 of PSX Regulations, which mandate listed companies to disclose any relevant developments or acknowledge the absence of such information.

According to information available from the Pakistan Stock Exchange (PSX), listed entities must rapidly disseminate material or price-sensitive information likely to impact share price or volume. This is necessary for maintaining market transparency as per PSX Regulation 5.6.1.

Kohat Textile Mills Limited has been advised to provide all available information to clarify its position regarding the unusual movement in its share price. The company is expected to deliver this information promptly through the Pakistan Unified Corporate Action Reporting System (PUCARS) to ensure public awareness and compliance with PSX Regulation 5.6.3.