Karachi: An unusual movement in the share price of Shams Textile Mills Limited has been observed recently, prompting a response from the company. According to a letter dated May 18, 2026, the company addressed inquiries from the Pakistan Stock Exchange (PSX) regarding this price fluctuation.

Shams Textile Mills Limited, in its official communication, clarified that it is not aware of any undisclosed matters or developments that could have led to the recent changes in the share price. The company emphasized its commitment to maintaining transparency and adhering to regulatory requirements, ensuring that all disclosures are both timely and accurate.

The inquiry from the PSX, referenced in a letter numbered PSX/Gen-567 and dated May 13, 2026, sought clarification on the reasons behind the price movement. In response, Shams Textile Mills Limited reiterated its dedication to compliance and transparency in all its operations.

According to information available from the Pakistan Stock Exchange (PSX), the trading activity surrounding Shams Textile Mills Limited has been under scrutiny due to the noted fluctuations. The company reassured stakeholders of its ongoing commitment to clear and accurate communication, aligning with the expectations of the market and regulatory bodies.

The designated market category remains focused on understanding the underlying factors contributing to such movements, with Shams Textile Mills Limited remaining vigilant in monitoring its market position and ensuring continued adherence to applicable regulations.