Tariq Corporation to Handle Unpaid Rights with Specific Schedule

Karachi: The Central Depository Company of Pakistan Limited has announced a precise schedule for handling unpaid rights of Tariq Corporation Limited, which will be managed through the Central Depository System (CDS). This announcement was made on July 6, 2026, and outlines specific dates and activities related to the transaction and movement of these rights.

Tariq Corporation Limited, under the Right Security Name (Symbol) Tariq Corporation Limited - LoR (TCORPR2), and with ISIN PK0011003081, has set its book closure dates from July 1 to July 1, 2026. The right ratio for this transaction is set at 23.855376%. The banker to the right issue is designated as all branches of Askari Bank Limited for physical applications, while specific guidelines must be referred to for online payments.

According to information available from the Pakistan Stock Exchange (PSX), the trading of the unpaid right (LoR) is scheduled to commence on Friday, July 3, 2026, at the stock exchange. The last date for the initiation of deposit requests is Wednesday, July 8, 2026, with trading at the stock exchange concluding on Friday, July 17, 2026. The designated market category for this activity is managed within the prescribed schedule.

Further activities include the last date for initiation of pledge requests and the movement of securities, both set for Monday, July 20, 2026. The last date for subscription requests and payments, along with pledge release and pledge call, is scheduled for Friday, July 24, 2026. The tentative date for credit of shares against paid rights is set for Friday, August 7, 2026.

These dates are based on the schedule for the right issue announced by the Pakistan Stock Exchange via letter reference no. PSX/C-256-739 dated June 29, 2026.