Otsuka Pakistan Ltd. Denies Knowledge of Unusual Share Price Movement

Karachi: Otsuka Pakistan Limited has addressed concerns regarding the unusual movement in its share prices, asserting that no undisclosed material events or developments have contributed to this fluctuation. The company's response follows a letter from the Pakistan Stock Exchange (PSX) dated July 24, 2026, inquiring about the significant changes in the share price of Otsuka Pakistan Limited, denoted as "OTSU."

In a report dated July 29, 2026, the company stated that it has thoroughly reviewed the situation and confirmed that it remains unaware of any material information that has not been previously disclosed to the market. According to information available from the Pakistan Stock Exchange (PSX), Otsuka Pakistan Limited has adhered to routine public disclosures about its general corporate activities as part of its ordinary business operations.

The company highlighted that an analytical research report titled "Otsuka Pakistan Limited: Performance and Outlook" was published by Business Recorder on July 13, 2026, which may have caught the attention of investors. However, Otsuka Pakistan Limited emphasized that the report, as well as other disclosures, were public and did not contain any unpublished price-sensitive information. The company stated that it is uncertain whether these disclosures or any other publicly available information influenced the trading activity in its shares.

Otsuka Pakistan Limited reiterated its commitment to adhering to the Securities Act, 2015, and the Pakistan Stock Exchange Regulations, ensuring that any material information or price-sensitive matters requiring disclosure would be promptly communicated through PUCARS, in compliance with applicable regulatory requirements. The company remains vigilant in maintaining transparency and regulatory compliance in its corporate communications.