KARACHI: Kohat Textile Mills Limited has addressed concerns over an unusual movement in its share price, asserting a lack of insider knowledge regarding the fluctuations. On July 8, 2026, the company issued a statement in response to inquiries from the Pakistan Stock Exchange (PSX) regarding significant changes in its stock value.
The correspondence, prompted by a letter from the PSX dated July 6, 2026, sought clarification on the unexpected stock price variations of Kohat Textile Mills Ltd. The company's official response emphasized that neither the firm nor its management possessed any specific information or awareness of developments that could have influenced the observed price changes.
According to information available from the Pakistan Stock Exchange (PSX), the inquiry into the share price movement was part of routine monitoring to ensure market transparency and stability. The exchange sought to determine whether any undisclosed factors were impacting the stock's performance.
Kohat Textile Mills reiterated its commitment to adhering to PSX regulations, ensuring the timely and transparent communication of all relevant information. The company assured stakeholders of its dedication to maintaining compliance with disclosure requirements as stipulated by the exchange's guidelines.