Ghandhara Industries Limited has issued a clear statement denying reports that it served a Rs3 billion legal notice on Master Cherry Group. Ghandhara denied legal notice and said that the circulating social media claims are false.
The company informed the Pakistan Stock Exchange (PSX) that it has no involvement with the alleged notice.
The company stressed that it remains committed to transparent communication with shareholders, regulators, and the public. Denying the legal notice, Ghandhara asked followers and investors to rely only on official announcements made through the Pakistan Stock Exchange and company channels.
Ghandhara said it monitors social media for misinformation and will take appropriate steps to protect the company’s reputation and shareholder interests.
The management reiterated that any legal action would be announced through formal filings and not through informal online posts.
Ghandhara affirmed that it will keep stakeholders informed of any material developments in a timely manner.