Karachi: Unusual activity in the share price of Nets International Communication Limited, also known as GEMNETS, has drawn attention on the Pakistan Stock Exchange (PSX). The PSX, in compliance with Section 97 of the Securities Act, 2015, and clause 5.6.3 of PSX Regulations, requires listed companies to promptly disclose any developments to the public when such irregularities occur.

According to the report dated June 12, 2026, the PSX has observed a significant deviation in the trading pattern of GEMNETS shares during the preceding period. The regulations mandate that companies must either provide details of any relevant matters or developments causing the unusual movements or state the absence of such information.

The Securities Act and PSX regulations obligate GEMNETS to disseminate any material or price-sensitive information that could influence the trading volume or share price through the PSX's Public Company Reporting System (PUCARS). This ensures that investors and the public remain informed about any factors that could impact their investments.

According to information available from the Pakistan Stock Exchange (PSX), GEMNETS is advised to furnish sufficient information to clarify its position regarding the unusual movements in its share price. This step is crucial to maintain transparency and uphold market integrity in the Desginated Market Category.

The PSX continues to monitor GEMNETS' compliance with these regulations to safeguard investor interests and ensure the proper functioning of the securities market.