Karachi: The shares of UDL International Limited ("UDLI") have exhibited an unusual increase in trading volume, raising questions among investors and market analysts. This development follows a letter dated June 4, 2025, from the Pakistan Stock Exchange (PSX), which noted the atypical trading activity.

According to the company, the increase in share volume may be attributed to a general bullish trend in the market. UDLI has stated that there is no material news or rumors about the company that could explain the heightened activity. Furthermore, no significant corporate developments or decisions have been made that have not already been disclosed through the Pakistan Unified Corporate Action Reporting System (PUCARS) or the directors' report of the latest financial statements.

Under the requirements of Section 97 of the Securities Act, 2015, and clause 5.6.3 of PSX Regulations, listed companies are obligated to disclose any relevant information to the public if unusual movements in price or volume are observed. UDLI has affirmed its commitment to regulatory compliance and timely submission of material information.

According to information available from the Pakistan Stock Exchange (PSX), the unusual movement in UDLI's share volume was noted during the preceding period, prompting the exchange to request clarification from the company. The PSX regulations mandate that any material or price-sensitive information likely to affect share price or volume must be promptly disseminated through PSX for public awareness.

UDLI has been advised to provide sufficient information to clarify its position regarding the unusual volume movement. The company is expected to communicate this information through PUCARS, as stipulated under PSX Regulation 5.6.3, to ensure transparency and maintain investor confidence in the designated market category.