Karachi: Dewan Automotive Engineering Limited, a key player in the automotive sector, has recently been under scrutiny due to the unusual movement in the price of its shares. This follows a report dated June 1, 2026, addressing concerns raised by the Pakistan Stock Exchange (PSX) regarding the fluctuations observed in the company’s stock.

According to the company, which responded to the PSX’s inquiry with reference to letter No. PSX/Gen-612 dated May 22, 2026, it stated that it has no influence over the share prices or trading volumes on the stock exchange. The company emphasized its adherence to regulatory compliance, ensuring that any material or price-sensitive information that could impact share price or trading volume is promptly disclosed.

According to information available from the Pakistan Stock Exchange (PSX), the movements in Dewan Automotive’s share price have been noted without any specific disclosure indicating a direct cause from the company itself. The fluctuations, the company suggested, could be attributed to the sentiments of buyers and sellers, a factor beyond the company’s control.

Dewan Automotive has reiterated its commitment to transparency, stating that all critical information has been shared with the exchange in line with the Securities and Exchange Commission of Pakistan (SECP) regulations. The company insists on its dedication to maintaining compliance with all relevant regulatory frameworks amidst this period of unusual market activity.