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
-
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 |
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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.