Karachi: Shares of Janana De Malucho Textile Mills Limited (JDMT) have experienced an unusual movement in price, raising questions among market participants. As of July 14, 2025, the company has officially addressed these concerns, stating that they are unaware of any undisclosed material information or developments that could have influenced the share price. This statement aligns with Section 97 of the Securities Act, 2015, and Clause 5.6.3 of the Pakistan Stock Exchange (PSX) Regulations.
The textile manufacturing firm, known for its position in the designated market category, has emphasized its commitment to transparency. JDMT clarified that all pertinent information has been previously communicated through the PSX’s Publicly Available Company Information Reporting System (PUCARS). Despite the recent price movement, JDMT has assured that there is no undisclosed material information impacting the share value.
According to information available from the Pakistan Stock Exchange (PSX), the price change in JDMT shares is categorized as a big move. The company has reiterated its willingness to provide additional information if required, ensuring that TRE Certificate Holders and other stakeholders remain informed.
JDMT’s recent statement aims to address the observations regarding the share price fluctuations and maintain investor confidence. The company has requested that the PSX inform TRE Certificate Holders accordingly, reinforcing its stance on transparency and compliance with regulatory frameworks.