Karachi: Dewan Farooque Motors Limited has announced an upcoming board meeting scheduled for March 24, 2026, at 2:00 p.m. in Karachi, as stated in a company notice dated March 18, 2026. The purpose of the meeting is to consider the Annual Financial Statements for the fiscal year ending June 30, 2025.
In conjunction with this meeting, the company has declared a “Closed Period” effective from March 18, 2026, to March 24, 2026. During this time frame, no Director, CEO, or Executive is permitted, either directly or indirectly, to engage in transactions involving the company’s shares. This regulation is in compliance with Clause 5.6.1 (d) of the Pakistan Stock Exchange (PSX) Regulations.
According to information available from the Pakistan Stock Exchange (PSX), such measures are standard protocol to ensure transparency and prevent insider trading during sensitive times when financial data is being reviewed and finalized. The company has advised that members of the exchanges be informed accordingly.