Karachi: Dewan Farooque Motors Limited has announced significant transactions executed by a substantial shareholder, Dewan M. Yousuf Farooqui, as per the disclosure requirements under Pakistan Stock Exchange (PSX) Regulation 5.6.4. The company disclosed these transactions, dated December 4, 2025, which involved the sale of shares over two consecutive days.

On December 2, 2025, Dewan M. Yousuf Farooqui sold 1,902,758 shares at a rate of 25.55 per share. This transaction brought his cumulative shareholding to 104.24 million shares, representing 34.75% of the company’s total shares. The following day, December 3, 2025, he sold an additional 1,347,242 shares at a rate of 24.94 per share, reducing his total holdings to 102.89 million shares, or 34.3% of the company. The percentage change in shareholding reflects a minor move.

According to information available from the Pakistan Stock Exchange (PSX), these transactions will be presented at the next board meeting for consideration, in compliance with clause No. 5.6.4 (d) of PSX Regulations. The company has confirmed that the holding period for these transactions exceeds six months, thus not invoking the provisions of Sections 104 and 105 of the Securities Act, 2015.