Karachi: The Premier Sugar Mills & Distillery Company Limited (“PMRS”) has been advised by the Pakistan Stock Exchange (PSX) to disclose any material developments or the lack thereof, following an observed unusual movement in the price of its shares. This directive comes in compliance with Section 97 of the Securities Act, 2015, and clause 5.6.3 of the PSX Regulations.

On May 20, 2026, PSX noted significant fluctuations in the price of PMRS shares, prompting the regulatory body to seek clarity from the company. According to the regulations, listed entities must provide prompt disclosure of any developments that could influence their share prices or, alternatively, confirm that no such developments are known.

According to information available from the Pakistan Stock Exchange (PSX), the observed price movements in PMRS shares have triggered this disclosure requirement. The PSX has emphasized that any material or price-sensitive information likely to impact share prices must be disseminated quickly to ensure transparency and inform the public.

PMRS is now tasked with supplying adequate information to clarify the reasons behind the unusual share price movements. This information should be provided through the PSX’s PUCARS system to ensure public accessibility, in line with the stipulated PSX Regulation 5.6.3. The company’s response is expected to shed light on whether any internal or external factors have influenced the recent trading activity and share price volatility.