Karachi: TPL Holdings (Private) Limited, a substantial shareholder of TPL Corp Limited, has conducted a notable transaction in the shares of the company, according to a disclosure of interest report filed with the Pakistan Stock Exchange (PSX). The report, dated June 4, 2026, details the sale and subsequent purchase of shares by TPL Holdings.
On May 29, 2026, TPL Holdings executed a sell transaction of 2,523,000 shares at a rate of Rs. 11.55 per share. The shares were sold in the future market, a move that was followed by a buy transaction of the same number of shares on the same day and at the same rate. The form of share certificates used for these transactions was the Central Depository System (CDS).
According to information available from the Pakistan Stock Exchange (PSX), TPL Holdings’ cumulative shareholding now stands at 109,907,401 shares, which constitutes 41.12% of TPL Corp’s total shares. This represents a very large or significant move in the shareholder’s stake in the company.
The transactions will be presented at the subsequent Board meeting of TPL Corp Limited. During this meeting, any non-compliance with the PSX regulations, particularly under clause No. 5.6.4, will be duly highlighted for consideration. The company has confirmed that it will report the outcome of this review to the Exchange, ensuring transparency and adherence to regulatory requirements.