Substantial Shareholder Increases Stake in Tariq Corporation

Karachi: In a recent transaction, a significant increase in shareholding has been executed by a substantial shareholder of Tariq Corporation, as per the disclosure requirements under PSX Regulation 5.6.4. The transaction was officially announced on July 24, 2026.

The transaction involved Faisal Abdul Sattar, identified as a Preference Substantial Shareholder, who purchased 15,051 shares at a rate of 11.18 per share. This acquisition took place in the ready market on July 22, 2026. As a result, the cumulative number of shares held by Mr. Sattar now stands at 1.45 million, representing a cumulative percentage of 10.06%.

According to information available from the Pakistan Stock Exchange (PSX), this purchase signifies a notable movement in shareholding, categorized as a big move.

The disclosure of this transaction aligns with the regulatory framework of the PSX, ensuring transparency and compliance in the market activities of Tariq Corporation, which operates within the designated market category.