AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi: Data Agro Limited (DAAG) has addressed concerns regarding unexpected fluctuations in its share prices, as noted in a query from the Pakistan Stock Exchange (PSX) dated July 10, 2024.
The company officially stated that it is unaware of any developments that could have caused the significant price movements observed recently. According to information available from the Pakistan Stock Exchange (PSX), Data Agro emphasized that all material information has been disclosed to the market in compliance with Section 97 of the Securities Act, 2015, and Clause 5.6.3 of the PSX Regulations. The company reassured stakeholders of its commitment to transparency and adherence to all legal and regulatory standards.
Data Agro’s response aims to clarify the situation and reassure investors and regulators that it remains in full compliance with disclosure requirements, ensuring no undisclosed material information is affecting its stock performance.