PSX Seeks Explanation From Dewan Cement Over Unusual Share Volume.

✧ GENERATE BRIEFING +
The PSX issues a regulatory notice to Dewan Cement Limited (DCL) asking for clarification regarding an unusual surge in its share trading volume. The Pakistan Stock Exchange (PSX) has formally issued a request for explanation to Dewan Cement Limited (DCL) following an unusual surge in the trading volume of the company’s shares. Issued via a notice on September 15, 2026, the regulatory inquiry requires DCL to disclose any undisclosed material information or market-sensitive developments that could explain the atypical trading activity.Invoking Section 97 of the Securities Act, 2015 and PSX Regulation 5.6.3, the exchange has instructed Dewan Cement to submit a formal clarification through the Pakistan Unified Corporate Action Reporting System (PUCARS). If no material information exists, DCL is required to explicitly clarify this to the market. The notice serves as a standard regulatory transparency measure and does not imply any immediate wrongdoing or confirm the presence of unreleased corporate developments.
Pakistan Stock Exchange Limited (PSX) has sought clarification from Dewan Cement Limited (DCL) following an unusual movement in the trading volume of the company’s shares.
According to a PSX notice issued on September 15, 2026, the exchange observed unusual trading volume in DCL shares during the preceding period and asked the company to clarify whether it was aware of any material information that could be relevant to the unusual market activity.
The notice was issued under Section 97 of the Securities Act, 2015, and PSX Regulation 5.6.3, which require listed companies to promptly disclose material developments or provide a statement regarding unusual movements in the price or trading volume of their securities.
PSX has directed Dewan Cement to furnish sufficient information regarding any factors that may have resulted in the unusual movement in its share volume. If any material or price-sensitive information exists, the company must disclose it through the Pakistan Unified Corporate Action Reporting System (PUCARS) for public dissemination.
The exchange also asked DCL to promptly clarify the matter through PUCARS if it is not aware of any undisclosed information that could explain the unusual trading activity.
The notice is a regulatory request for clarification and does not, by itself, establish any wrongdoing or confirm the existence of undisclosed material information.
