Ref. No. TCORP/PSX/QR

Dated: April 17, 2024

The General Manager

Pakistan Stock Exchange Limited

Stock Exchange Building

Stock Exchange Road

KARACHI

PROGRESS REPORT ON UTILIZATION OF PROCEEDS OF RIGHT ISSUE

Dear Sir,

With reference to the right issue completed by Tariq Corporation Limited on April 08,2024, following is the progress report on utilization of the proceeds of the right subscription amount, in accordance with the requirement contained in Regulation 10(2) of the Companies (Further Issue of Shares) Regulations ,2020.

Status of Utilization of Proceeds from Right Issue

Amount in Rupees

Total Proceeds received from right issue subscription

198,618,750/-

Funds Utilized in Working Capital

198,618,750/-

Un-utilized amount

Nil

Sincerely yours,

KHALID MAHMOOD

COMPANY SECRETARY

  1. The Director (Enforcement)
    Securities and Exchange Commission of Pakistan 63-NIC Building, Jinnah Avenue
    Blue Area, Islamabad

Tariq Corporation Limited

28-C, Block E-1,Gulberg-III,

UAN: 0092 42 111 111 476

Lahore - Pakistan

www.tariqcorp.com

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

Husein Sugar Mills Ltd. published this content on 17 April 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 April 2024 04:21:03 UTC.