Karachi: TPL Properties Limited has executed a notable sale of shares in TPL REIT Fund I, a transaction that may have significant implications for the market. On July 11, 2025, TPL Properties Limited sold 3,850,000 shares at a rate of Rs. 13.25 per share. The transaction was carried out through the Central Depository System (CDS) in the ready market. This sale brings TPL Properties Limited's cumulative shareholding to 671.55 million shares, representing 36.60% of the company.

According to information available from the Pakistan Stock Exchange (PSX), the shares were sold to raise financing through ME against available UIN limits. The designation of this transaction falls under the category of a very large or significant move, reflecting its substantial impact on the market dynamics.

The transaction will be presented in an upcoming Board meeting, where any noncompliance with clause No. 5.6.4 of PSX Regulations will be duly highlighted for further consideration. The sale represents a strategic financial maneuver by TPL Properties Limited, a substantial shareholder in TPL REIT Fund I, as the company seeks to optimize its financial position.