Clarification Sought on Unusual Activity in Grays Leasing Shares

Karachi: The Pakistan Stock Exchange has issued a formal communication to Grays Leasing Limited, known as GRYL, seeking clarification regarding the unusual activity observed in the price and trading volume of its shares. This inquiry was communicated through a letter, designated as No. PSX/Gen-1293, dated October 30, 2026.

The initiative to address these anomalies arises from the requirements outlined in Section 97 of the Securities Act, 2015, coupled with Regulation 5.6.3 of the PSX Regulations. These stipulations mandate that listed companies must promptly disclose any developments or relevant information that could explain such unusual market movements. In the absence of such developments, companies are required to issue a statement confirming the lack of awareness of any pertinent matter.

According to information available from the Pakistan Stock Exchange (PSX), there has been a noticeable fluctuation in the trading patterns of GRYL shares during the preceding period. The PSX has urged Grays Leasing Limited to disclose any information or developments that may be influencing this activity or to confirm that they are not aware of any factors contributing to the observed changes.

This communication underscores the regulatory oversight exercised by the PSX in maintaining transparency and accountability within the market, ensuring that all participants are informed of significant price and volume movements. The market category designated for this inquiry remains focused on the financial and leasing sector, where GRYL operates.