Karachi: Sakrand Sugar Mills Limited has reported an unusual movement in the trading price and volume of its shares on the Pakistan Stock Exchange (PSX), according to a statement issued by the company. The company’s management stated that they are unaware of any specific reasons behind the fluctuation observed during the recent period.

In a letter received on June 1, 2026, in response to a PSX inquiry dated May 22, 2026, Sakrand Sugar Mills Limited clarified that neither its Board of Directors nor its Management is aware of any speculations or rumors that could have led to this unusual activity. The letter emphasized that the company conducts its affairs in strict adherence to legal and ethical standards.

According to information available from the Pakistan Stock Exchange (PSX), there was no significant announcement or event disclosed by the company that could justify the observed changes in stock price and volume. The management assured continued cooperation with the PSX to address any concerns arising from this situation.

Sakrand Sugar Mills Limited, operating within the designated market category of sugar and allied industries, remains committed to transparency and ethical practices, as reiterated in their communication with PSX. The company has pledged to maintain its cooperative stance with the stock exchange to ensure clarity and confidence among its stakeholders.