Karachi: The Supreme Court of Pakistan has issued a directive to maintain the status quo in an ongoing legal dispute involving TRG Pakistan Limited and Greentree Holdings, according to a recent order. The legal proceedings stem from an appeal by Greentree Holdings against a ruling by the Sindh High Court in the case identified as J.C.M 12 of 2025.

The latest development follows an earlier disclosure by TRG Pakistan Limited on June 23, 2025, concerning the Sindh High Court's ruling dated June 20, 2025. According to information available from the Pakistan Stock Exchange (PSX), the Supreme Court's order dated June 25, 2025, has acknowledged the appeal and has issued notices to the involved parties.

In accordance with Sections 96 of the Securities Act, 2015, and Clause 5.6.1(a) of the Rule Book of the Pakistan Stock Exchange Limited, the Supreme Court's decision mandates that all parties involved are required to maintain the current state of affairs until further notice. The implications of this order are significant for the stakeholders of TRG Pakistan Limited, as it directly impacts the ongoing judicial process.

The securities market, categorized under the designated market category, remains keenly observant of the unfolding legal proceedings. The outcome of this case is anticipated to have a notable impact on the company's future course of action and its position within the marketplace.