β‘ Flash Summary
On October 24, 2025, Dewan Farooque Motors Limited disclosed transactions by a substantial shareholder, Dewan M. Yousuf Farooqui, involving the sale of company shares on the Pakistan Stock Exchange (PSX). The sales occurred between October 14 and October 21, 2025, through the ready market via Central Depository Company (CDC). These transactions cumulatively reduced Dewan M. Yousuf Farooqui’s shareholding from 37.46% to 35.38%. The company confirms that these transactions will be presented in a subsequent board meeting and comply with PSX regulations.
π Key Takeaways
- π Dewan M. Yousuf Farooqui sold shares in Dewan Farooque Motors Limited.
- ποΈ Sales occurred on multiple dates: Oct 14, 15, 16, 20, and 21, 2025.
- π’ Transactions were executed through the ready market via CDC.
- π° Sale prices ranged from PKR 30.00 to PKR 31.56 per share.
- π A total of 6,539,161 shares were sold during this period.
- π Initial shareholding of Dewan M. Yousuf Farooqui was 37.46%.
- π Final shareholding after the sales is reported as 35.38%.
- π Total percentage decrease in shareholding is approximately 2.08%.
- π’ The company confirms compliance with PSX regulations 5.6.4(d).
- β Board meeting will review the transactions.
- β³ Holding period for the sold shares exceeded six months.
- π Sections 104 and 105 of the Securities Act, 2015 are not applicable.
- π¨βπΌ Muhammad Hanif German, Director & Company Secretary, signed the disclosure.
- π¨βπΌ Mehmood-ul-Hassan Asghar, Director, also signed the disclosure.
π― Investment Thesis
SELL. The reduction in shareholding by a substantial shareholder is a negative signal. While the company confirms compliance with regulations, the potential for further selling pressure and the resulting negative market sentiment outweigh any positive aspects. A price target needs further analysis based on the company’s financials and market conditions, but a downward revision may be warranted given the current situation.
Disclaimer: AI-generated analysis. Not financial advice.