Towellers bimited
TOWELLERS HOUSE, | +92-21-36322500 | |
W.S.A 30-31, BLOCK 1, | 36325500, 36323434 | +92-21 -36314884 |
FEDERAL 'B' AREA, | 36323100, 36326600 | |
KARACHI-75950, PAKISTAN |
+92-324-8282371
+92-301-8240064
towellers@towellers.com https://www.toweIIers.com
Hafiz Maqsood Munshi
Unit Head, Listed Companies Compliance Regulatory Affairs Department
Pakistan Stock Exchange Limited Karachi
July 15, 2025
SUBJECT: UNUSUAL MOVEMENT IN PRICE OF THE SHARES OF M/S. TOWELLERS LIMITED (TOWL)
Dear Sir,
This is with reference to your letter No. PSX/GEN-1383 dated July 14'h2025 regarding the subject.
Please note that we are not aware of any matter or development, whatsoever, that took place, and which might have resulted in the unusual movements in share price or volume.
Further there is no material information which has not previously been disclosed to the market as per clause 5.6.3 of Pakistan Stock Exchange Regulations.
The Company is fully cognizant of all applicable regulatory requirements and will continue to ensure the compliance of the same.
We are confident that the above adequately addresses your query.
Thanking You.
Yours Sincerely
Company Secretary
C.C. Head of Supervision Division - SECP The Chief Regulatory Officer - PSX