Karachi: TPL Holdings (Pvt.) Ltd, a substantial shareholder of TPL Corp Limited, has executed significant transactions involving the sale of company shares. This information was disclosed in a report filed on August 10, 2026, under the Pakistan Stock Exchange (PSX) Regulation 5.6.4.
The transactions involved two separate sales. The first transaction occurred on August 3, 2026, when TPL Holdings sold 3.00 million shares at a rate of 21.20 per share. The second transaction took place on August 6, 2026, with TPL Holdings selling an additional 2.00 million shares at a rate of 20.02 per share. The cumulative number of shares held by TPL Holdings after these transactions remains at 96.18 million, accounting for a cumulative percentage of 35.98% of the company's total shares.
According to information available from the Pakistan Stock Exchange (PSX), these sales are conducted on the ready market and involve shares held in the Central Depository Company (CDC) format.
The transactions by TPL Holdings are noteworthy within the designated market category, reflecting movements in the substantial shareholding of TPL Corp Limited.