Oct 21, 2026, 2:33 PM
Sindh Modaraba responds to unusual trading volume query
Unusual Movement ReplySindh Modaraba states that it is not aware of recent undisclosed material developments that could explain unusual trading. It says approximately 95% of certificates are held by its management company and classified as non-free float/frozen, leaving about 5% with public investors. The company points to previously disclosed government equity injections and financial results as developments that may have influenced trading and price.
Key Findings
- The company says it is unaware of any recent undisclosed material information causing unusual trading activity.
- Approximately 95% of certificates are held by the Modaraba Management Company and classified as non-free float/frozen; the remaining approximately 5% is held by public and individual investors.
- The company cites previously disclosed Sindh Government equity injections of Rs. 1 billion received in FY-26 and another Rs. 1 billion expected during the financial year, along with financial results and report transmissions, as developments that may have influenced trading.
- The company confirms its commitment to promptly disclose price-sensitive information to PSX.
Market Query Details
Reason
Unusual volume movement
Query date
Oct 19, 2026
Response date
Oct 21, 2026
Undisclosed info?
No
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Highlights summarize the key points from the company's official PSX filing. View the original filing for the complete details before making financial decisions.