Karachi: Tariq Corporation Limited has disclosed several share purchase transactions executed by its Chairperson and Director, Mrs. Sadia Ali Tariq, according to filings with the Pakistan Stock Exchange (PSX).

According to information available from the Pakistan Stock Exchange (PSX), Mrs. Tariq acquired a total of 53,000 ordinary shares at a rate of Rs. 15.54 per share on September 6, 2024, and an additional 25,000 preference shares at Rs. 11.46 per share on the same day. Further transactions included the purchase of 2,000 ordinary shares at Rs. 15.80 per share on September 9, 2024. All shares were acquired through the Central Depository Company (CDC).

These transactions are part of the regular disclosures required under clauses 5.6.1(d) and 5.19.15 of the PSX Regulations, which govern the reporting of trades by directors, CEOs, or executives of listed companies and their spouses and substantial shareholders.

The company has confirmed that these transactions will be reviewed in the subsequent board meeting to address any potential non-compliance issues as mandated by the PSX regulations. This ensures that all transactions are transparent and in line with corporate governance standards.