Karachi: Dewan Automotive Engineering Limited ("DWAE") has been approached by the Pakistan Stock Exchange (PSX) following an atypical surge in the trading volume of its shares. A letter, dated November 05, 2026, has been issued under Section 97 of the Securities Act, 2015, and PSX Regulation 5.6.3, seeking clarification from the company.

The PSX, in compliance with regulatory requirements, mandates that listed companies must promptly disclose any relevant developments or state their lack of awareness regarding any issues potentially linked to unusual trading activities. This inquiry into DWAE comes amid observations of significant trading volume fluctuations within the preceding period.

According to information available from the Pakistan Stock Exchange (PSX), DWAE has yet to provide details on any occurrences that could explain the unusual trading volume. The market participants are advised to stay informed as further disclosures are anticipated from the company.

The stock market category in which DWAE trades remains closely monitored by regulatory authorities to ensure transparency and fairness in market operations. As the situation develops, stakeholders await DWAE's response to the PSX's request for clarification.