Karachi: Rupali Polyester Limited ("RUPL") has been advised by the Pakistan Stock Exchange (PSX) to provide clarity on the unusual movement observed in the price of its shares. The PSX's directive comes in line with Section 97 of the Securities Act, 2015, and clause 5.6.3 of the PSX Regulations, which obligate listed companies to address any unusual fluctuations in their traded securities.

The PSX noted this significant movement during the preceding period, prompting it to seek either details of any relevant developments or a declaration from RUPL if it is not aware of any such matters. On June 25, 2025, PSX urged RUPL to disseminate any material or price-sensitive information through official channels to ensure transparency and public awareness.

According to information available from the Pakistan Stock Exchange (PSX), listed companies are mandated to promptly share any information that might affect the market perception of their securities. RUPL, therefore, is expected to furnish any available information that could have contributed to the unusual price movement of its shares, in accordance with PSX Regulation 5.6.3.

The PSX's notice underscores the importance of timely and accurate information dissemination, ensuring that all stakeholders remain informed about developments that might impact share prices. This call for transparency is intended to maintain market stability and investor confidence, especially in cases of significant market shifts.