Asim Textile Mills Clarifies Unusual Price Movement in Shares

Karachi, Asim Textile Mills Limited has issued a clarification regarding the recent unusual price movement in its shares. In accordance with section 97 of the Securities Act 2015 and clause 5.6.3 of the PSX regulations, the company has notified stakeholders that it has no material or price-sensitive information to disclose. The management of M/s Asim Textile Mills Limited asserts that the recent surge in share price and trading volume is not related to any undisclosed information from the company.

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