DFML

⚡ Flash Summary

DFML announced: Disclosure of Interest by a Director CEO, or Executive of a listed company and their Spouses and the Substantial Shareholders u/c 5.6.1.(d) of PSX Reg. Basic analysis suggests neutral sentiment. Professional review recommended.

📌 Key Takeaways

• DFML made announcement: Disclosure of Interest by a Director CEO, or Executive of a listed company and their Spouses and the Substantial Shareholders u/c 5.6.1.(d) of PSX Regulations
• Automated analysis: HOLD signal detected
• Signal strength: 5/10
• This is basic analysis – manual review recommended
• Professional CFA analysis unavailable

🎯 Investment Thesis

Basic HOLD indication for DFML. Manual verification required.

⚡ Flash Summary

DFML announced: Disclosure of Interest by a Director CEO, or Executive of a listed company and their Spouses and the Substantial Shareholders u/c 5.6.1.(d) of PSX Reg. Basic analysis suggests neutral sentiment. Professional review recommended.

📌 Key Takeaways

• DFML made announcement: Disclosure of Interest by a Director CEO, or Executive of a listed company and their Spouses and the Substantial Shareholders u/c 5.6.1.(d) of PSX Regulations
• Automated analysis: HOLD signal detected
• Signal strength: 5/10
• This is basic analysis – manual review recommended
• Professional CFA analysis unavailable

🎯 Investment Thesis

Basic HOLD indication for DFML. Manual verification required.

⚡ Flash Summary

Dewan Farooque Motors Limited (DFML) has announced an Extra Ordinary General Meeting (EOGM) to be held on December 19, 2025, in Karachi. The primary agenda items include confirming the minutes of the previous Annual General Meeting and the election of seven directors. Shareholders can participate via video conference or Zoom, subject to certain conditions. The company has also provided instructions for e-voting, postal ballot, and updating shareholder particulars, while restricting the distribution of gifts at the EOGM.

📌 Key Takeaways

• 📅 EOGM scheduled for December 19, 2025, at 11:00 a.m. at Dewan Cement Limited Factory Site in Karachi.
• 📝 Agenda includes confirming minutes from the Annual General Meeting held on November 28, 2024.
• 🗳️ Election of seven directors as per Section 159 of the Companies Act, 2017.
• 🏢 Retiring directors include Mr. Waseem-ul-Haque Ansari, Mr. Abdul Basit, Mr. Mehmood-Hassan Asghar, Mr. Muhammad Hanif German, Mr. Ghazanfar Baber Siddiqi, Mr. Aziz-ul-Haque, and Mrs. Nida Jamil.
• 🔒 Share transfer books will be closed from December 13 to December 19, 2025.
• 🤝 Shareholders can appoint a proxy to attend and vote on their behalf, proxies must be received 48 hours before the meeting.
• 📱 CDC Account Holders must follow guidelines issued by the Securities and Exchange Commission of Pakistan (SECP) in Circular 1 dated January 26, 2000.
• 📧 Members can attend via Zoom; registration required by sending a request to dfml.corp@yousufdewan.com by December 17, 2025.
• 🖥️ Video conference facility available if the company receives consent from members holding 10% or more shares at least seven days prior to the meeting.
• 📊 Physical shareholders are encouraged to deposit their shares into a CDC account.
• 🌐 E-voting details will be shared via email with members who have valid CNIC numbers, cell numbers, and email addresses in the company’s register.
• ✉️ Voting through postal ballot is allowed as per the Companies (Postal Ballot) Regulations, 2018.
• 👤 M/s. Faruq Ali & Co., Chartered Accountants, appointed as the scrutinizer for the election of directors.
• 🚫 No gifts will be distributed at the EOGM as per SECP directive SRO 452 (1)/2025 dated March 17, 2025.
• 📢 Shareholders are requested to promptly notify any change in their address to the Company’s Share Registrar.

🎯 Investment Thesis

Based solely on this EOGM announcement, a HOLD recommendation is appropriate. The notice provides no new information to change the existing investment thesis. A more informed decision would require a comprehensive analysis of DFML’s financial performance, strategic direction, and market conditions. I would require more information about the financial condition of DFML before providing a buy or sell recommendation.

⚡ Flash Summary

Dewan Farooque Motors Limited (DFML) is increasing its paid-up capital through the issuance of new ordinary shares. The company issued 161,256,444 ordinary shares at a par value of Rs. 10 each, capitalizing Rs. 1,612,564,440. This issuance was approved by shareholders in an extraordinary general meeting and by the Securities and Exchange Commission of Pakistan (SECP). The existing paid-up capital after the issue is Rs. 299,991,686.

📌 Key Takeaways

• ✅ DFML increased its paid-up capital by issuing 161,256,444 ordinary shares.
• 💰 The capital increase amounts to Rs. 1,612,564,440.
• 🏢 New shares were issued at a par value of Rs. 10 each.
• 🗓️ Shareholder approval was obtained in an extraordinary general meeting on August 27, 2024.
• 📜 SECP approval was granted under Section 83(1) of the Companies Act, 2017.
• 📈 Paid-up capital before the issue was Rs. 138,735,242.
• 📊 Existing paid-up capital after the issue is Rs. 299,991,686.
• 🤝 Shares were issued to Dewan Muhammad Yousuf Farooqui and Dewan Motors (Private) Limited in lieu of outstanding loans.
• 🔒 Dewan Motors (Private) Limited must retain its shareholding for two years.
• 📝 Special resolution was passed to approve the capital increase.
• ✔️ Necessary legal and corporate formalities were completed by Muhammad Hanif German, Director & Company Secretary.
• 🤝 The company issued 59,476,966 shares to Dewan Muhammad Yousuf Farooqui.
• 🚫 Permission to issue shares to Dewan Motors (Private) Limited was not granted because of overdue amounts.

🎯 Investment Thesis

HOLD. While the increase in paid-up capital strengthens the balance sheet, the dilutive effect on EPS warrants a cautious approach. I would like to see improved profitability before shifting to a BUY rating. The price target and time horizon depends on future financial performance. A price target and time horizon depends on future financial performance. Currently the company has undertaken measures to raise capital. Since the new capital is converted from outstanding loans to equity, there may be an implication of its cost to existing shareholders.

⚡ Flash Summary

Dewan Farooque Motors Limited (DFML) is increasing its paid-up capital through the issuance of new ordinary shares. The company issued 161,256,444 ordinary shares at a par value of Rs. 10 each, capitalizing Rs. 1,612,564,440. This issuance was approved by shareholders in an extraordinary general meeting and by the Securities and Exchange Commission of Pakistan (SECP). The existing paid-up capital after the issue is Rs. 299,991,686.

📌 Key Takeaways

• ✅ DFML increased its paid-up capital by issuing 161,256,444 ordinary shares.
• 💰 The capital increase amounts to Rs. 1,612,564,440.
• 🏢 New shares were issued at a par value of Rs. 10 each.
• 🗓️ Shareholder approval was obtained in an extraordinary general meeting on August 27, 2024.
• 📜 SECP approval was granted under Section 83(1) of the Companies Act, 2017.
• 📈 Paid-up capital before the issue was Rs. 138,735,242.
• 📊 Existing paid-up capital after the issue is Rs. 299,991,686.
• 🤝 Shares were issued to Dewan Muhammad Yousuf Farooqui and Dewan Motors (Private) Limited in lieu of outstanding loans.
• 🔒 Dewan Motors (Private) Limited must retain its shareholding for two years.
• 📝 Special resolution was passed to approve the capital increase.
• ✔️ Necessary legal and corporate formalities were completed by Muhammad Hanif German, Director & Company Secretary.
• 🤝 The company issued 59,476,966 shares to Dewan Muhammad Yousuf Farooqui.
• 🚫 Permission to issue shares to Dewan Motors (Private) Limited was not granted because of overdue amounts.

🎯 Investment Thesis

HOLD. While the increase in paid-up capital strengthens the balance sheet, the dilutive effect on EPS warrants a cautious approach. I would like to see improved profitability before shifting to a BUY rating. The price target and time horizon depends on future financial performance. A price target and time horizon depends on future financial performance. Currently the company has undertaken measures to raise capital. Since the new capital is converted from outstanding loans to equity, there may be an implication of its cost to existing shareholders.