Karachi: The Sindh Modaraba has addressed concerns regarding the unusual movement in the volume of its certificates, a situation that has drawn attention in recent market activities. According to a formal communication dated September 8, 2026, the organization clarified that no recent undisclosed material developments have been observed that could account for the increased trading activity.
The Modaraba Management Company holds approximately 95% of the total certificates, which are classified as non-free float or frozen, leaving the remaining 5% distributed among general public and individual investors. This distribution results in a relatively immaterial active trading float, which may contribute to the perception of unusual volume movement.
According to information available from the Pakistan Stock Exchange (PSX), Sindh Modaraba had previously disseminated price-sensitive material information through the PUCARS-Beta online portal on December 2, 2025, and January 15, 2026. These disclosures involved a significant equity injection from the Government of Sindh, amounting to Rs. 1 billion received in fiscal year 2026, with an additional Rs. 1 billion anticipated during the current financial year. This substantial financial reinforcement has fundamentally bolstered the Modaraba's financial position, potentially influencing both the trading volume and the market price of the certificates.
Sindh Modaraba reiterated its commitment to full compliance with all applicable PSX regulations, emphasizing its dedication to the timely disclosure of any price-sensitive information. The organization assures stakeholders that it will continue to uphold transparency and regulatory standards in its market operations.