Karachi: Elahi Cotton Mills Limited (ELCM) has reported an unusual movement in the market share price of its stocks, as outlined in a recent communication with the Pakistan Stock Exchange (PSX). The company, in a letter dated October 5, 2026, has officially stated that its management is not privy to any specific matter or development that could have led to this significant shift in share price.

According to information available from the Pakistan Stock Exchange (PSX), the management of Elahi Cotton Mills Limited highlighted their lack of awareness regarding any incidents or developments potentially influencing this market behavior. The company has requested the Pakistan Stock Exchange to conduct a thorough investigation into the matter. This request is a continuation of an earlier appeal made on June 13, 2026, which also sought clarity on the factors contributing to the abnormal price increase.

The company has expressed its appreciation for the cooperation of the Pakistan Stock Exchange in uncovering the facts behind the unusual price movement. The designated market category remains critical as stakeholders await the outcome of the investigation.