Karachi: The Pakistan Stock Exchange (PSX) has highlighted an unusual movement in the price and volume of Shams Textile Mills Limited (STML) shares, prompting a regulatory inquiry in accordance with the Securities Act, 2015, and PSX Regulations. This announcement was made on July 24, 2026, following the detection of atypical trading patterns in STML's shares during the preceding period.

According to information available from the Pakistan Stock Exchange (PSX), listed companies are mandated to promptly disclose any material or price-sensitive developments that could influence the trading dynamics of their securities. This requirement is stipulated under Section 97 of the Securities Act, 2015, and clause 5.6.3 of the PSX Regulations.

STML has been advised to provide any available information that might clarify the reasons behind the unusual trading activity. The company is expected to comply with PSX Regulation 5.6.3, disseminating relevant information via PUCARS to ensure public transparency.

The designated market category for such announcements underscores the importance of timely and accurate disclosures to maintain market integrity and investor confidence in the trading of listed securities.