Karachi: Dewan Sugar Mills Limited (DWSM) has received a formal inquiry from the Pakistan Stock Exchange (PSX) regarding a significant surge in the trading volume of its shares. The inquiry, detailed in letter No. PSX/Gen-1223 dated October 13, 2026, is issued under Section 97 of the Securities Act, 2015, and PSX Regulation 5.6.3. This regulation mandates that listed companies must provide immediate public disclosure if there are notable movements in the price or volume of their traded securities.

According to information available from the Pakistan Stock Exchange (PSX), there has been an unusual movement in the trading volume of DWSM shares. This observation has prompted PSX to seek clarification from Dewan Sugar Mills Limited to ensure transparency and inform all market participants of any underlying factors that may have influenced this activity.

The PSX inquiry requires DWSM to disclose any known developments or circumstances that could explain the unusual trading patterns observed. Alternatively, the company must state if it is unaware of any such factors. As of the date of the report, Dewan Sugar Mills Limited is expected to respond promptly to fulfill its regulatory obligations under the Securities Act and PSX regulations.

This development places Dewan Sugar Mills Limited under increased scrutiny as investors and market participants await further information that could elucidate the reasons behind the elevated trading activity.