Karachi: Tariq Corporation Limited recently disclosed a series of transactions involving its substantial shareholder, Faisal Abdul Sattar. The transactions were carried out over a period spanning from July 28 to July 30, 2026, according to the company's report dated August 3, 2026.

Faisal Abdul Sattar, identified as a Preference Substantial Shareholder, executed multiple transactions during this period. On July 28, 2026, he sold 147,474 preference shares at a rate of 11.36 per share, resulting in a cumulative holding of 1,435,000 shares, which equates to 9.93% of the company's shares. This transaction marks a moderate move in his holdings.

Subsequently, on July 29, 2026, Sattar purchased 58,359 preference shares at a rate of 11.17 per share, increasing his cumulative shareholding to 1,583,473 shares, maintaining a 10.96% stake in the company. On the same day, he sold 1,000 shares at a rate of 11.80 per share, slightly decreasing his holdings but still retaining the 10.96% stake.

A final transaction was recorded on July 30, 2026, where Sattar purchased a nominal quantity of one share at the rate of 11.17 per share, which did not affect his cumulative percentage of 10.96%.

According to information available from the Pakistan Stock Exchange (PSX), these transactions are in compliance with PSX Regulation 5.6.4, which mandates disclosure of interest by relevant persons holding company shares. The designated market category for these transactions was the Ready market, with all shares transacted in the form of Central Depository Company (CDC) share certificates.

This series of transactions signifies a moderate move in the shareholding pattern of Tariq Corporation Limited, reflecting strategic adjustments by a substantial shareholder.