⚡ Flash Summary
On December 3, 2025, Dewan Farooque Motors Limited disclosed transactions by a substantial shareholder, Dewan M. Yousuf Farooqui, under PSX Regulation 5.6.4. Farooqui sold 1,902,758 shares on December 2, 2025, at a rate of PKR 25.55, reducing his cumulative shareholding to 34.75%. Prior to this, he sold 1,347,242 shares on October 15, 2025, at PKR 24.94, resulting in a 34.3% cumulative shareholding. The transactions will be presented at a board meeting, and the holding period exceeds six months, complying with the Securities Act, 2015.
📌 Key Takeaways
- 🚨 Dewan M. Yousuf Farooqui sold 1,902,758 shares on December 2, 2025.
- 📉 Shares were sold at a rate of PKR 25.55 each.
- 📊 His cumulative shareholding decreased to 34.75% after the December 2 transaction.
- 🗓️ Previously, on October 15, 2025, he sold 1,347,242 shares.
- 💰 The October sale occurred at a rate of PKR 24.94 per share.
- 📉 Before the December sale, his cumulative shareholding was 34.3%.
- 🏢 Transactions will be presented at a board meeting for consideration.
- ✅ The holding period for the transactions exceeds six months.
- 📜 Complies with Sections 104 and 105 of the Securities Act, 2015.
- 📄 Disclosure made under PSX Regulation 5.6.4.
- 👤 Muhammad Hanif German, Director & Company Secretary, signed the disclosure.
- 👤 Mehmood-ul-Hassan Asghar, Director, also signed the disclosure.
- 📍 Company’s registered office is in Karachi, Pakistan.
🎯 Investment Thesis
SELL. The continued selling by a substantial shareholder raises concerns about the company’s future prospects and could lead to decreased investor confidence. A price target cannot be determined with the provided data, but a sell recommendation is appropriate given the negative sentiment. Time Horizon: Short Term.
Disclaimer: AI-generated analysis. Not financial advice.