Unusual Price Movement Observed in Tariq Corporation Limited Preference Shares

Karachi: An unusual fluctuation in the price of Tariq Corporation Limited's preference shares, designated as TCORPCPS, has been noted, prompting regulatory scrutiny. The observation was made public on December 15, 2025, in accordance with Section 97 of the Securities Act, 2015, and the relevant provisions of the Pakistan Stock Exchange (PSX) Regulations.

The Pakistan Stock Exchange has mandated listed companies to promptly disclose any developments that could be linked to significant changes in the price or volume of their securities. This requirement ensures transparency and protects the interests of investors. Tariq Corporation Limited has been advised to clarify its position on the matter due to the unusual price movement detected in its preference shares.

According to information available from the Pakistan Stock Exchange (PSX), such disclosures are crucial for maintaining market integrity and providing investors with necessary insights. Companies are obligated to release any material or price-sensitive information that could influence the trading dynamics of their shares, as stipulated under the PSX Regulation 5.6.1.

As of this report, Tariq Corporation Limited has been urged to utilize the PSX's Public Company Information Reporting System (PUCARS) to disseminate sufficient information to the public, thereby addressing any concerns arising from the unusual price activity. The company's compliance with this directive will be closely monitored to ensure adherence to regulatory standards and to safeguard market operations.