Karachi: The Pakistan Stock Exchange (PSX) has observed an unusual movement in the price of shares of Zahidjee Textile Mills Limited ("ZAHID"), prompting regulatory scrutiny and a requirement for the company to disclose relevant details to the public. This observation aligns with the mandates of Section 97 of the Securities Act, 2015, and clause 5.6.3 of PSX Regulations, which necessitate prompt public disclosure by listed companies regarding any significant changes in share price or volume.

On July 13, 2026, Zahidjee Textile Mills Limited was notified about the unusual activity in its share price by PSX. The regulations require the company to either provide details of any known developments that could explain the fluctuations or to state that no such information is available.

According to information available from the Pakistan Stock Exchange (PSX), the unusual movement in ZAHID's share price necessitates a formal response from the company. If there is any material or price-sensitive information that might influence the stock's price or trading volume, the company is obligated to disseminate this information promptly through PSX systems to ensure public transparency, as stipulated under PSX Regulation 5.6.1.

ZAHID is thus advised to furnish sufficient and timely information to clarify its position regarding the observed price movements. The company will need to use the PSX's PUCARS system to disseminate any relevant information to the public, ensuring that all stakeholders are informed of any potential factors contributing to the share price changes. The designated market category requires companies to adhere strictly to these protocols to maintain market integrity and investor confidence.