Tariq Corporation Limited: Conversion of Preference Shares Announced
Summary
Tariq Corporation announces conversion of 14.45M preference shares to 7.22M ordinary shares, increasing paid-up capital to 89.22M shares.
Kind of disclosure: Other
Read the original filingKey facts
- Conversion of preference shares to ordinary shares
- 14.45M to 7.22M shares
- Increase in paid-up share capital
- From 82M to 89.22M shares
- Resolution passed for conversion
- Date: 2026-09-22
- Entitlement/conversion date
- 2026-09-30
- Approval subject to auditor review
- Pending final certification
Tariq Corporation Limited (TCORP) on Nafa
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More TCORP announcements
- NoticeTariq Corporation Limited Auditors Certificate
- NoticeCredit of Final Preference Dividend
- Insider tradeInsider TransactionAhmed Ali Tariq, Mustafa Ali Tariq, Danish Elahi, Raza Elahi, and Muhammad Imran Khan converted preference shares into ordinary shares on October 2, 2026. Ahmed Ali Tariq converted 2,500,000 shares, Mustafa Ali Tariq converted 2,151,917 shares, Danish Elahi converted 555,731 shares, Raza Elahi converted 200,625 shares, and Muhammad Imran Khan converted 140 shares, all at a rate of Rs 10.00.
- NoticeIssuance of Ordinary Shares of Tariq Corporation Limited in lieu of Tariq Corporation Limited Preference Shares
- NoticeChange of Head of Internal Audit
- NoticeNotice of Closure of Share Transfer Books For Others
Source: Tariq Corporation Limited's filing with the Pakistan Stock Exchange. The summary and figures on this page are extracted from the filing by software and can contain errors; the filing itself is the record. This page describes the filing. It is not investment advice and Nafa does not recommend any stock. Investing in securities involves risk, including possible loss of principal.