Shadman
Cotton Mills Ltd.
Date: May 23, 2026
Mr. Hafiz Maqsood Munshi
Unit Head, Listed Companies Compliance Regulatory Affairs Division
Pakistan Stock Exchange Limited
StOCk Exchange Building Stock Exchange Road, KARACHI
Su bject: UNUSUAL MOVEMENT IN PRICE OF THE SHARES OF SHADMAN COTTON MILLS
LIMITED ("SHCM")
Dear Sir,
This has with reference to your letter No. PSX/Gen-612 dated May 22, 2026 regarding to the subject cited aboie,
In this regard, we would like to state that the management of Shadman Cotton Mills Limited ("the Company") is not aware of any undisclosed material information, development, or event that may have contributed to the recent unusual movement in the price or volume of the Company's shares traded on the Exchange.
The Company continues to operate in the normal course of business and has made all necessary disclosures in accordance with the requirements of the PSX Rule Book and applicable laws.
In compliance with PSX Regulation 5.6.3, this response is being disseminated through PUCARS for the information of all market participants.
Should any material development arise, the Company remains committed to promptly disclosing the same in accordance with the applicable regulatory framework.
Yours sincerely,
For S
otton lie Ltd
Compa
HZA
ecre/ary
CC:
The Director (LCD SD)-SECP The Chief Regulatory Officer
3. WEB-(Pucars)
3.5 K.M, Feroze Wattan, Warburton Road, Kot Shah Muhammad Near Chandi Kot Stop, Tehsil & District Nankana Sahib.
Tel: 92-56-3731270, 3731271
Email: info@shadman.com.pk www.shadman.com.pk