Karachi: Dawood Equities Limited (DEL) has addressed the recent unusual movement in its share prices, asserting that it is unaware of any specific developments that could have caused the fluctuations. In a notice dated November 25, 2025, DEL responded to the Pakistan Stock Exchange’s (PSX) inquiry under Section 97 of the Securities Act, 2015, and Clause 5.6.3 of the PSX Regulations.
The company stated that despite the observed unusual movement in the share prices, it remains uninformed about any matter or material development contributing to this trend. According to information available from the Pakistan Stock Exchange (PSX), the fluctuations were significant enough to prompt an inquiry. DEL affirmed its commitment to fulfilling disclosure requirements as mandated by the legal and regulatory framework, ensuring compliance with all applicable guidelines.
The PSX had initially observed the unusual price movement during the preceding period, prompting it to issue a notice to DEL. Under PSX Regulation 5.6.1, listed companies must promptly disseminate any material or price-sensitive information likely to affect share prices or volume.
As part of its response, DEL emphasized its awareness of the necessity for transparency and assured stakeholders of its ongoing efforts to provide sufficient information regarding the situation. The company pledged to continue using the PSX’s Publicly Available Company Reporting System (PUCARS) for timely public disclosures.
Dawood Equities Limited operates in the designated market category of securities and financial services, where maintaining investor confidence is crucial. The company has reiterated its dedication to upholding best practices in corporate governance and investor communication amidst the current fluctuations in its share value.