Bawany Air Products Limited Reports Unawareness of Unusual Share Price Movement

Karachi, In a recent communication with the Pakistan Stock Exchange (PSX), Bawany Air Products Limited responded to an inquiry regarding the unusual movement in the share price of the company. According to information available from the Pakistan Stock Exchange (PSX), the company stated that it is unaware of any events or developments that could have prompted this abnormal fluctuation. The response, dated June 07, 2024, was in reference to the PSX’s letter No. PSX/Gen-793 dated June 06, 2024. Bawany Air Products Limited confirmed that all significant information, including the increase in authorized capital, has been fully shared with PSX. There was no mention of the volume of shares traded during the period of unusual price movement.