Karachi: Kohat Textile Mills Limited ("KOHTM") is under scrutiny by the Pakistan Stock Exchange (PSX) following unusual fluctuations in the price and volume of its shares, according to recent communications with the company. The PSX initiated this examination under Section 97 of the Securities Act, 2015, and in accordance with PSX Regulation 5.6.3, which mandates listed companies to promptly disclose any relevant developments influencing their securities' market behavior.
The letter to KOHTM, referenced as No. PSX/Gen-1245 and dated October 19, 2026, seeks clarification on these unusual movements. The PSX has requested that KOHTM disclose any matters or developments that might be influencing these share movements, or alternatively, to confirm if they are unaware of any such factors.
According to information available from the Pakistan Stock Exchange (PSX), the observation of unusual activity in KOHTM's share metrics necessitates a thorough investigation to ensure transparency and maintain market integrity for all participants involved in the trading of these securities.
This scrutiny comes as part of a broader regulatory framework designed to protect investors and ensure that the securities traded on the PSX reflect true market conditions without undue influence from undisclosed factors. The PSX has emphasized the importance of timely and accurate disclosures by listed companies in maintaining the credibility and stability of the market.