Karachi: Janana De Malucho Textile Mills Ltd (JDMT) has addressed concerns regarding an unusual movement in its share price, stating a lack of awareness about any specific developments that might have triggered the fluctuation. The company issued a statement on March 12, 2026, responding to an inquiry from the Pakistan Stock Exchange (PSX), which had sought clarification over the observed changes in the stock’s market behavior.

In compliance with Section 97 of the Securities Act, 2015, and Clause 5.6.3 of the PSX Regulations, JDMT confirmed that no undisclosed material information or developments have occurred that could explain the unusual price activity. The company emphasized that all price-sensitive information has been consistently communicated to market participants through the PSX’s Public Unlisted Company Automated Reporting System (PUCARS), as mandated by the relevant laws and regulations.

According to information available from the Pakistan Stock Exchange (PSX), JDMT reiterated its commitment to transparency and adherence to regulatory requirements. The company assured stakeholders that it has provided all necessary disclosures and remains open to furnishing additional information if required.

The textile firm’s statement aims to alleviate investor concerns and reaffirm its adherence to the legal obligations of information disclosure within the designated market category. JDMT continues to monitor the situation closely and remains ready to address any further inquiries from the stock exchange or investors.