Karachi: Shahzad Textile Mills Limited has reported an unusual movement in its share price and trading volume, prompting inquiries from the Pakistan Stock Exchange (PSX). The company has stated it is unaware of any developments that could have influenced these fluctuations.

The letter dated June 25, 2025, addressed to the PSX, clarified that Shahzad Textile Mills Limited has not encountered any material information or events that would necessitate disclosure under the Securities Act, 2015, or PSX regulations. The company attributed the fluctuations to market dynamics and investor sentiment.

According to information available from the Pakistan Stock Exchange (PSX), the movement in Shahzad Textile Mills' share price has been classified as a Big move. The company's management reiterated their dedication to transparency and compliance with the Securities Act, 2015, and relevant PSX provisions.

Shahzad Textile Mills Limited has assured stakeholders that they stand ready to provide any further clarifications if required. The company remains committed to maintaining transparent communication with investors and regulatory bodies.