Karachi: An unusual movement in the share price of ZIL Limited has prompted a response from the company addressing concerns over the recent volatility. According to a letter from the Pakistan Stock Exchange (PSX), dated November 21, 2025, ZIL Limited clarified its position regarding the fluctuations in its share prices, which have drawn significant attention.

In a statement issued on November 24, 2025, ZIL Limited assured stakeholders that neither the company nor its directors, spouses, or executives have been involved in any trading activities related to the company's shares. The statement emphasized that no material events or undisclosed information are known to the management that would necessitate a disclosure under PSX Regulation 5.6.3. The company's latest announcement on October 29, 2025, remains its most recent official communication regarding material information.

Furthermore, the company highlighted compliance with Section 97 of the Securities Act 2015 and Clause 5.6.3 of PSX Regulations in its statement, asserting that no insider information or rumors about projects or developments had been circulated to influence trading behaviors.

According to information available from the Pakistan Stock Exchange (PSX), the company has requested a thorough investigation into trading activities to identify individuals responsible for the volatility. The Central Depository Company (CDC) is currently unable to provide detailed trading activities, and ZIL Limited has requested PSX to assist in uncovering the source of the substantial price movements.

The company reiterated its commitment to transparency and compliance with regulatory standards, ensuring investors and stakeholders remain informed of any further developments regarding the situation.