Mr. Hafiz Maqsood Munshi
Unit Head, Listed Companies Compliance Regulatory Affairs Division
Pakistan Stock Exchange Limited
Stock Exchange Building, Stock Exchange Road, Karachi.
Re:- Unusual Movement in Price or volume in the Shares of - M/s ITANZTechnologies Limited
Dear Sir.
We write with reference to your letter No. PSX/Gen-321 dated March 10, 2026 regarding the recent increase in the market share price and trading volume of the Company's shares.
In this regard, we would like to inform you that the Company is not aware of any matter or development that may have resulted in such increase in the share price or trading volume. We believe that the Company has gotten listed recently and the upsurge is a result of market re-rating the Company's value based on various market factors.
Furthermore, the Company confirms that it remains compliant with all applicable disclosure requirements and will apprise the Pakistan Stock Exchange for all material information or corporate developments at the earliest point of occurrence.
We trust that the above clarifies the matter. Thanking You,
Yours faithfully,
Company Secretary Muhammad Amin Shakir