Karachi: Mehran Sugar Mills Limited (MRNS) announced today that the company has no knowledge of any material developments that could be linked to the recent unusual surge in trading volume of its shares.
According to information available from the Pakistan Stock Exchange (PSX), MRNS issued a statement confirming that it is not aware of any matter or development that is or may be relevant to the movement in the volume of their traded securities. The company completed a thorough internal review and consulted with management but found no material or price-sensitive information that hadn’t been disclosed to the public which could have led to this significant movement in trading volume.
MRNS reiterated its commitment to complying with all relevant regulations, including the prompt dissemination of any material information through proper channels as required under PSX Regulation 5.6.1. The company will continue to closely monitor the situation and will promptly disclose any relevant information should it arise in the future.
Mehran Sugar Mills also assured its investors and stakeholders of its continued adherence to PSX regulations and requirements.
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