Karachi: In an announcement that has attracted considerable attention from investors, Janana De Malucho Textile Mills Ltd (JDMT) has addressed the recent unusual price movement in its shares. The company, in a statement dated January 7, 2026, clarified its position regarding the unexpected changes observed in the share price over the preceding period.

Responding to an inquiry from the Pakistan Stock Exchange, as referenced in letter No. PSX/Gen-20 dated January 02, 2021, the company asserted that it is not cognizant of any specific developments or material information that could have precipitated the fluctuations in the stock value. This statement was made in 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), the company highlighted that any price-sensitive information pertinent to JDMT shares has been consistently and transparently disclosed to market participants via PUCARS, in alignment with applicable legal and regulatory frameworks.

The company reiterated its commitment to transparency and assured that it remains ready to provide any further information if needed. Market stakeholders and TRE Certificate Holders have been advised to stay informed through official channels.