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BELABela Automotive LtdBela Automotives informed PSX that it was not aware of any positive development that could justify the share-price increase and said it had suspected manipulation. The company noted that the business is not operational, the old installed machinery is not working, and it is arranging working capital and repairs. It also disclosed that a shareholder suit concerning share transactions is pending, with the Sindh High Court directing maintenance of status quo until further orders.
Highlights summarize the key points from the company's official PSX filing. View the original filing for the complete details before making financial decisions.
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