Karachi: Dewan Farooque Motors Limited (DFML) has reported an atypical fluctuation in its share prices recently, sparking inquiries from market regulators. In a statement dated October 14, 2026, the company addressed the concerns raised by the Pakistan Stock Exchange (PSX) regarding the unexpected price and volume changes in its shares.
According to the company's response to the PSX's letter, Dewan Farooque Motors Limited has stated that it is unaware of any developments or events that could have triggered the unusual market activity. The company emphasized that it does not have control over the market-driven factors influencing the share price and trading volume. DFML attributed the share price movements to the market sentiments and decisions made by buyers and sellers, which remain beyond the company's influence and knowledge.
The company, operating within the automotive sector, affirmed its compliance with all relevant legal and regulatory frameworks, including adherence to the Securities Act of 2015 and PSX regulations. DFML has assured that it has been consistently disclosing all material and price-sensitive information in accordance with mandated procedures and historical practices.
According to information available from the Pakistan Stock Exchange (PSX), the inquiry into the unusual movement was initiated to ensure transparency and maintain market integrity. However, Dewan Farooque Motors Limited confirmed that there is no undisclosed material or price-sensitive information that necessitates public dissemination at this juncture.
The company reiterated its commitment to transparency and compliance with applicable laws, rules, and regulations, underscoring its dedication to maintaining investor trust and market stability.