Tariq Corporation Ltd Rights 2026 -24.07.26 For Shares
PPSX:TCORPR22.70
PKR
-0.89
(-24.79%)
ISIN
PK0011003081
Return %
Stock
S&P 500
1Y
- -
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- CEO
- Mustafa Ali Tariq
- Full Time Employees
- 426
- Sector
- Process industries
- Industry
- Agricultural commodities/Milling
- Address
- Lahore Pakistan
- Website
- tariqcorp.com
- Similar Companies
- Business
- Tariq Corporation Limited is an agribusiness and consumer food processing company based in Pakistan, primarily engaged in the manufacturing, refining, and marketing of sugar and sugarcane-derived by-products. The company's core product portfolio encompasses refined white crystalline sugar for industrial, commercial, and retail distribution; packaged consumer table sugar and sugar sachets marketed under the flagship retail brand Krystal; unrefined molasses supplied to commercial distilleries for industrial alcohol and ethanol production as well as animal feed manufacturing; bagasse biomass utilized for boiler co-generation, thermal energy production, and pulp and paper applications; and bio-fertilizers and organic soil conditioners derived from filter mud and press cake for agricultural crop enhancement. Tariq Corporation operates an integrated sugar processing and cane crushing mill located in Jaranwala in the Punjab province, supported by captive steam and power generation infrastructure, and distributes its products across regional and national consumer, wholesale, and institutional food manufacturing markets throughout Pakistan, alongside select export channels. In recent corporate developments, the company, formerly known as Husein Sugar Mills Limited, underwent a formal corporate rebranding to Tariq Corporation Limited to reflect its broader strategic scope. In 2026, the company executed a capital expansion through a rights issue of approximately 15.8 million ordinary shares, designated on the Pakistan Stock Exchange as TCORPR2 and TCORP, which concluded successfully and was credited to shareholders in August 2026. Furthermore, the company approved a capital restructuring plan to convert 14.45 million non-voting convertible preference shares into 7.22 million ordinary shares, expanding its total paid-up share capital to 89.22 million ordinary shares. Operationally, the company has pursued strategic diversification initiatives, including expanding into commercial dairy operations with imported livestock and broadening the retail reach of its Krystal branded packaged goods across urban markets. Founded in 1966, Tariq Corporation Limited is headquartered in Lahore, Pakistan.