Karachi: The Pakistan Stock Exchange (PSX) has reported an unusual movement in the stock price of Quice Food Industries Limited, prompting regulatory actions in adherence to Section 97 of the Securities Act, 2015, and clause 5.6.3 of PSX Regulations. The notification, dated December 18, 2025, details the exchange’s observations regarding the fluctuations in Quice’s share value.
According to information available from the Pakistan Stock Exchange (PSX), listed companies are mandated to disclose relevant information promptly if there is an unusual movement in the price or volume of their traded securities. This requirement ensures transparency and maintains market integrity. For Quice Food Industries, the PSX has observed such an unusual movement, necessitating a formal response from the company.
Quice Food Industries Limited has been advised to disclose any matters or developments that might explain the unusual stock activity. In the absence of any known factors, the company is expected to issue a statement confirming its lack of awareness of any such developments. This procedural response is crucial to inform investors and the public about potential reasons behind stock volatility.
The PSX regulations stipulate that any material or price-sensitive information likely to impact the price or volume of a company’s securities must be disseminated promptly. Quice Food Industries is required to provide sufficient information through the PSX’s Publicly Available Company Reporting System (PUCARS) to clarify its position to the public. This action is part of the regulatory framework designed to ensure that all listed companies adhere to standards of transparency and accountability in the designated market category.