Karachi: Shares of Pakgen Power Limited, traded under the symbol "PKGP", have exhibited unusual price movements, prompting inquiries from the Pakistan Stock Exchange (PSX). The company's management has stated that they are not aware of any specific developments that could account for the fluctuation in share prices, as per a communication addressed to the exchange dated June 13, 2025.

The letter from Pakgen Power Limited was a response to a query regarding the recent surge in the company's stock value. The management assured stakeholders that they are in compliance with all legal obligations related to the dissemination of significant information. They committed to promptly sharing any material developments concerning the company's operations in accordance with the Securities Act, 2015, and the PSX Rule Book.

According to information available from the Pakistan Stock Exchange (PSX), the market has recently witnessed significant activity in the shares of Pakgen Power Limited. However, the company has yet to identify any corporate actions or events that might explain this behavior in their stock.

The designated market category for Pakgen Power Limited remains unchanged, and the company continues to operate under the regulatory framework established by the PSX. The management has reiterated their commitment to transparency and adherence to the applicable guidelines and regulations governing public companies.