KARACHI: Ansari Sugar Mills Ltd has reported an unusual movement in the price of its shares, according to a recent communication with the Pakistan Stock Exchange (PSX). The company stated it is unaware of any specific reason for the observed fluctuations in share price and trading volumes.
The correspondence, dated June 23, 2026, was in response to a query from the PSX, which had raised concerns about the unusual activity. Ansari Sugar Mills Ltd assured the exchange that it complies with all disclosure requirements as per the PSX Rule Book and the Securities Act of 2015.
According to information available from the Pakistan Stock Exchange (PSX), the company reiterated its commitment to timely disclosure of all material and price-sensitive information. The firm emphasized its adherence to regulatory standards and promised to maintain transparency in its future activities.
The explanation provided by Ansari Sugar Mills Ltd aims to address the PSX’s inquiries and clarify the company’s practices regarding information disclosure. The situation highlights the importance of regulatory compliance and the need for consistent communication with market authorities.