Karachi: Dewan Farooque Motors Limited announced a series of significant share transactions executed by a substantial shareholder, Dewan M. Yousuf Farooqui, as disclosed under Pakistan Stock Exchange (PSX) Regulation 5.6.4. The transactions, which occurred over several days in October 2025, resulted in a noticeable change in the cumulative shareholding.
On October 14, 2025, Dewan M. Yousuf Farooqui sold 409,480 shares at a rate of 30.00 per share, reducing his cumulative shareholding to 112.37 million shares, which represented 37.46% of the company’s total shares. The subsequent day, on October 15, 2025, he sold an additional 1.73 million shares at 30.94 per share, further decreasing his holdings to 110.64 million shares, equating to 36.88% of the company’s shares.
The selling activity continued on October 16, 2025, with a transaction involving 39,738 shares at a rate of 31.21 per share, bringing the total to 110.60 million shares, or 36.87%. A significant move was observed on October 20, 2025, when Farooqui sold 4.41 million shares at a price of 31.56 per share, reducing the cumulative holding to 106.19 million shares, which accounted for 35.40% of the company’s shares.
According to information available from the Pakistan Stock Exchange (PSX), these transactions are part of the regular market activity and adhere to the disclosure norms set out by the exchange. On October 21, 2025, an additional 50,000 shares were sold at 31.08 per share, resulting in a final cumulative holding of 106.14 million shares, or 35.38%.
These transactions have been confirmed for presentation at the upcoming board meeting, as stipulated by the PSX regulations, for consideration and further confirmation to the exchange. The designated market category for these shares remains unchanged, reflecting the ongoing compliance and transparency in Dewan Farooque Motors Limited’s shareholding disclosures.