Karachi: Idrees Textile Mills Limited (IDRT) has reported an unusual movement in its share price, addressing the matter in a statement dated January 14, 2026. The company clarified that it is unaware of any material, price-sensitive information or events that could have influenced the share price or volume.

According to information available from the Pakistan Stock Exchange (PSX), the company responded to a letter from the exchange, Ref. No. PSX/Gen-57 dated January 12, 2026, which inquired about the unusual share price activity. In compliance with Section 97 of the Securities Act, 2015, and Regulation 5.6.3 of the PSX Regulations, Idrees Textile Mills Limited confirmed that no developments within the company could account for the recent market behavior.

The company emphasized that the fluctuations in its share price are attributed to market dynamics and investor sentiment, which are beyond its control and knowledge. The clarification was submitted through the PSX’s Publicly Unlisted Companies Automated Reporting System (PUCARS) for public dissemination, as required by the applicable regulations.