Karachi: Elahi Cotton Mills Limited has formally requested an investigation into the unusual price movements of its shares on the stock market. This request was made in response to a letter from the Pakistan Stock Exchange (PSX) referencing concerns about the abnormal price increase of the company’s shares.

The management of Elahi Cotton Mills Limited, in a statement dated August 28, 2025, clarified that they are not aware of any specific developments or matters that could have led to the observed changes in the market share price. The company expressed its intention to cooperate fully with the Pakistan Stock Exchange’s inquiry to uncover the reasons behind this significant move.

According to information available from the Pakistan Stock Exchange (PSX), the unusual movements in the share price have prompted an appeal from the company for a thorough investigation. Elahi Cotton Mills Limited has emphasized the importance of understanding the factors driving this abnormal price behavior and has solicited the stock exchange’s assistance in this regard.

The company’s management has expressed appreciation for the stock exchange’s efforts in addressing this matter, highlighting the need for transparency and accountability in market operations. The request underscores the company’s commitment to maintaining trust and integrity among its shareholders and market participants.