Dar Es Salaam Textile Mills Limited Addresses Unexplained Share Price Surge

Karachi: In a recent statement responding to the Pakistan Stock Exchange (PSX), Dar Es Salaam Textile Mills Limited (DSML) expressed unawareness regarding the unusual uptick in its share price. The company confirmed the lack of insider knowledge or speculative activities influencing this surge.

According to information available from the Pakistan Stock Exchange (PSX), DSML’s share price experienced notable gains during the preceding period, prompting inquiries from the exchange. In response, DSML has clarified that neither its directors nor management are aware of any factors that should have led to these price changes.

The company’s leadership emphasized their commitment to maintaining high legal and ethical standards in all business dealings and assured ongoing cooperation with the PSX. This declaration came through a letter addressed to PSX dated August 06, 2024, intended to dismiss any speculations or rumors affecting the company’s stock.

The post Dar Es Salaam Textile Mills Limited Addresses Unexplained Share Price Surge appeared first on .