Karachi: Tariq Corporation Limited, a notable player in its market category, has addressed recent fluctuations in its preference shares, known as TCORPCPS. The company, in responding to inquiries from the Pakistan Stock Exchange, confirmed it is unaware of any developments or material price-sensitive information that could have triggered the unusual movement in its share price.
In a communication dated April 6, 2026, Tariq Corporation Limited acknowledged the receipt of correspondence from the Pakistan Stock Exchange, marked as Letter No. PSX/Gen-401, dated April 03, 2026. The company emphasized its compliance with the provisions of section 97 of the Securities Act 2015 and Clause 5.6.3 of the PSX Regulations.
According to information available from the Pakistan Stock Exchange (PSX), the recent activity surrounding the shares has caught the attention of market participants, prompting the inquiry. The company reiterated its commitment to transparency and adherence to applicable disclosure obligations under the relevant laws and regulations.
Tariq Corporation Limited assured that it remains vigilant and will continue to fulfill its obligations, keeping the market informed as necessary. The company requested that the TRE Certificate Holders of the Exchange be notified accordingly.