Karachi: Tariq Corporation Limited has announced the resignation of Mr. Muhammad Mudassar Ahsan from its Board of Directors, effective September 11, 2025. The company has requested that the TRE Certificates Holders of the Exchange be informed of this development.

This recent change in the board’s composition comes amidst a dynamic period for the company. Tariq Corporation Limited, which operates within the designated market category of industrials, has not disclosed the reasons for Mr. Ahsan’s departure. The company is expected to address board composition and strategic implications in forthcoming communications.

According to information available from the Pakistan Stock Exchange (PSX), Tariq Corporation Limited’s stock experienced a Moderate move in trading following the announcement. This movement reflects investor sentiments and market interpretations of the potential impact of the resignation.

The corporation continues to focus on maintaining its market position and pursuing its growth strategy, while stakeholders await further updates on the board’s restructuring and future direction.