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Idrees Textile Mills : UNUSUAL MOVEMENT IN PRICE OF THE SHARES OF IDREES TEXTILE MILLS LTD.
Idrees Textile Mills : UNUSUAL MOVEMENT IN PRICE OF THE SHARES OF IDREES TEXTILE MILLS
About this update from Idrees Textile Mills Ltd.
[{"type":"text","content":"\n IDREES\n \n s\n \n \n TEXTILE MILLS LIMITED\n \n 1st Floor, Ismail Centre, 6-C, Central Commercial Area, Bahadurabad, Karachi-74800 (Pakistan) Phones: (92-21) 34940026 to 30 (5 Lines) Fax: (92-21) 34945306 E-mail: [email protected] & [email protected]\n \n '\n \n \n March 22, 2025\n \n \n Mr. Hafiz Maqbool Munshi\n \n \n Unit Head, Listed Companies Compliance - (RAD)\n \n \n Pakistan Stock Exchange\n \n \n Stock Exchange Building\n \n \n Karachi\n \n \n SUBJECT: UNUSUAL MOVEMENT IN SHARE PRICE OF IDREES TEXTILE\n \n \n MILLS LIMITED (\"IDRT\")\n \n \n Dear Sir,\n \n \n .\n \n \n '\n \n \n With reference to your letter Ref. No. PSX/ Gen-622 dated March 21, 2025, regarding the unusual\n \n \n movement in the price of the shares of Idrees Textile Mills Limited (\"IDRT\"), we wish to confirm the\n \n \n following in compliance with the requirements of Section 97 of the Securities Act, 2015, and clause\n \n \n 5.6.3 of the PSX Regulations:\n \n \n After conducting an internal review, the management of Idrees Textile Mills Limited affirm that, to the\n \n \n best of our knowledge and belief, there are no known material factors, corporate developments, or\n \n \n price-sensitive information that could have influenced the recent unusual movement in the share price\n \n \n and trading volume of the company's shares.\n \n \n We assure you that, in compliance with PSX Regulation 5.6.1, should any price-sensitive information\n \n \n arise in the future that may impact the share price or trading volume, we will promptly disseminate the\n \n \n information through PUCARS for public disclosure.\n \n \n Yours sincerely,\n \n \n 49\n \n \n SYED SHAHID SULTAN\n \n \n Company Secretary\n \n \n Copy to: The Director (LCD-SD)\n \n \n Securities & Exchange Commission of Pakistan\n \n \n NIC Building, Jinnah Avenue, Blue Area,\n \n \n Islamabad\n \n \n The Chief Regulatory Officer - PSX\n \n I\n ","length":4748,"tagName":"div"}]