Karachi: Dewan Farooque Motors Limited has disclosed substantial share transactions involving one of its key shareholders, Dewan M. Yousuf Farooqui. The notification, dated December 3, 2025, reveals that Farooqui executed two major sell transactions as per the Pakistan Stock Exchange (PSX) Regulation 5.6.4.
The first transaction took place on December 2, 2025, involving the sale of 1,902,758 shares at a rate of 25.55 per share. This transaction increased Farooqui’s cumulative shareholding to 104.24 million shares, representing 34.75% of the total shares. The second transaction was executed on October 15, 2025, with 1,347,242 shares sold at 24.94 per share, resulting in a cumulative holding of 102.89 million shares, equivalent to 34.3%. Both transactions were conducted in the Central Depository Company (CDC) Ready Market.
According to information available from the Pakistan Stock Exchange (PSX), the transaction on December 2, 2025, represents a very large or significant move in shareholding. The company’s disclosure confirmed that these transactions would be reviewed in the upcoming board meeting as mandated by PSX Regulations.
Furthermore, Dewan Farooque Motors Limited stated that the holding period for these transactions exceeded six months, thus exempting them from the provisions of Sections 104 and 105 of the Securities Act, 2015. This disclosure is in line with the regulatory requirements, ensuring transparency in the shareholding patterns of the company.