Karachi: Aisha Steel Mills Limited has been prompted to address inquiries regarding unexpected fluctuations in the price and volume of its preference shares, as highlighted in a letter from the Pakistan Stock Exchange. The company, in its official communication dated June 5, 2026, clarified its stance on this issue.

In response to the PSX’s letter dated June 4, 2026, Aisha Steel Mills noted the absence of any specific reasons or developments that could explain the unusual movement in the price and volume of its preference shares, dubbed ASLPS. The company referenced Section 97 of the Securities Act, 2015, and clause 5.6.3 of PSX Regulations, indicating its compliance with these provisions and maintaining transparency in its operations.

According to information available from the Pakistan Stock Exchange (PSX), the focus on Aisha Steel Mills’ preference shares arose after observations of atypical trading patterns. The exchange’s inquiry seeks to ensure the integrity and orderly functioning of the market.

Aisha Steel Mills Limited, a key player in its designated market category, emphasized its commitment to adhering to all regulatory requirements. The company reassured stakeholders of its ongoing vigilance in maintaining compliance and transparency within the regulatory framework.