TPL Corp Ltd. Announces Book Closure for Profit Payment on Term Finance Certificates

Karachi: TPL Corp Ltd. has announced the book closure for its third issue of Term Finance Certificates (TFCs), in compliance with Sub-Clause 5C.8. (x.b) of the Rule Book of the Pakistan Stock Exchange (PSX). The security transfer register for these listed, privately placed, rated, and secured certificates will be closed from June 25, 2025, to June 27, 2025. The profit payment is scheduled for June 27, 2025.

According to information available from the Pakistan Stock Exchange (PSX), TPL Corp Ltd.'s decision to close its security transfer register is aimed at ensuring the accurate distribution of profits to its certificate holders. This measure impacts those who have invested in TPL Corp Limited- TFC (3rd Issue), a financial instrument designed to generate returns for its holders.

The company has communicated this update to the TRE Certificate Holders of the Pakistan Stock Exchange, ensuring that all stakeholders are informed of the forthcoming book closure and profit payment schedule.

The designated market category for TPL Corp Ltd. remains unchanged, and this announcement aligns with standard procedures for managing term finance certificates within the regulatory framework established by the PSX.