Karachi: The shares of AKD Securities Limited experienced a notable fluctuation recently, prompting inquiries from regulatory bodies. The company has responded to these concerns by stating that it is not aware of any material or price-sensitive information that could have contributed to the unusual movement in its share price or trading volume.

The response from AKD Securities Limited follows a letter dated July 23, 2025, which sought clarification on the significant changes observed. The correspondence referenced Section 97 of the Securities Act, 2015, and Clause 5.6.3 of the PSX Regulations, underlining the company's responsibility to disclose any pertinent information that might influence market dynamics.

According to information available from the Pakistan Stock Exchange (PSX), the recent activity in AKD Securities Limited's shares has been categorized as a Very large or significant move. Despite this, the company has reiterated its commitment to adhering to all regulatory requirements concerning the dissemination of material information.

AKD Securities Limited assured stakeholders and regulatory authorities of its ongoing compliance with relevant obligations. The company remains open to providing further clarification if needed, emphasizing its dedication to transparency in its operations.