Karachi: Mandviwalla Mauser Plastic Industries Limited (MWMP) has responded to recent unusual activity in its share price, confirming adherence to regulatory standards as stipulated by the Pakistan Stock Exchange (PSX). The company addressed the situation following a formal inquiry initiated by the PSX on July 24, 2025.
In a communication to the PSX, the company detailed its compliance with Section 97 of the Securities Act, 2015, and Clause 5.6.3 of the PSX Regulations. According to information available from the Pakistan Stock Exchange (PSX), MWMP's share price recently experienced what is classified as a Big move. Despite this, the company stated it found no undisclosed material information or developments that could explain the significant shift in share price or trading volume.
Mandviwalla Mauser Plastic Industries emphasized that no material or price-sensitive events occurred that would necessitate disclosure under PSX Regulation 5.6.1. The company expressed its commitment to maintaining full regulatory compliance and pledged to inform the exchange promptly should any material developments arise.
The designated market category for MWMP remains unchanged, and the company assured its continuous cooperation with the PSX, underscoring its dedication to transparency and accountability in its operations.