Shadman
Cotton Mills Ltd.
Date: June 24, 2025
Mr. Hafiz Maqsood Munshi Unit Head, LCC-(RAD)
Pakistan Stock Exchange Limited
Admin Block, 3rd Floor, Stock Exchange Building Stock Exchange Road, Karachi - 74000, Pakistan
Subject: UNUSUAL MOVEMENT IN PRICE OF THE SHARES OF SHADMAN COTTON MILLS LIMITED ("SHCM")Dear Sir,
With reference to your letter No. PSX/Gen-1230 dated June 20, 2025, and the subsequent reminder received, 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.
Thank you for your understanding. Yours sincerely,
r Shadman Cotto Mills LtdCompany Secretary (Muhammad Raheel Arif}
cc:
The Director (LCD SD)-SECP
The Chief Regulatory Officer
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 https://www.shadman.com.pk
