Karachi: In a series of transactions executed by Ahmed Ali Tariq, a director at Tariq Corporation Limited, a significant volume of preference shares was sold over several days in March 2026. The transactions were disclosed under PSX Regulation 5.6.4, highlighting the director’s changing stake in the company.

The sales began on March 24, 2026, with Ahmed Ali Tariq disposing of 212,737 preference shares at a rate of 10.75 per share. This initial transaction reduced his cumulative shareholding to 6.50 million, accounting for 45.00% of the company’s shares.

Subsequent transactions followed, with the director continuing to offload shares. On March 26, 2026, Tariq sold an additional 102,860 shares at a rate of 10.30, bringing his cumulative shareholding down to 6.40 million shares, representing 44.29% of the total shares.

On March 27, 2026, the director further decreased his holdings by selling 82,340 shares at a rate of 09.25. This sale reduced his stake to 6.31 million shares or 43.72% of the company’s shares.

According to information available from the Pakistan Stock Exchange (PSX), the most recent transaction occurred on March 30, 2026. Tariq sold 14,800 preference shares at a rate of 08.26, bringing his cumulative shareholding to 6.30 million shares, which now constitutes 43.61% of the company’s shares.

The transactions reflect a minor move in the director’s shareholding percentage over the period. The designated market for these transactions was the ready market, with all sales involving CDC form of share certificates.