Karachi: TPL Corp Limited, a substantial shareholder in TPL Life Insurance Limited, has executed significant transactions involving the sale of shares, as disclosed under the Pakistan Stock Exchange Regulation 5.6.4. According to the report dated August 18, 2026, these transactions occurred earlier in the month and were carried out through both the ready and non-deliverable markets.

On August 6, 2026, TPL Corp Limited sold 3.50 million shares in the ready market at a rate of 21.16 per share. Additionally, on the same day, 0.50 million shares were sold in the non-deliverable market at a rate of 21.25 per share. The following day, August 7, 2026, saw a further sale of 1.00 million shares at a rate of 21.15 per share in the non-deliverable market.

The cumulative number of shares held by TPL Corp Limited following these transactions remains at 189.16 million, maintaining a cumulative percentage of 84.26% in TPL Life Insurance Limited. The sales represent a very large or significant move in the company's shareholding, reflecting strategic adjustments by the substantial shareholder.

According to information available from the Pakistan Stock Exchange (PSX), TPL Corp Limited's transactions are in compliance with regulatory requirements, ensuring transparency and adherence to market guidelines. The sales have not altered the overall holding percentage of TPL Corp Limited significantly, indicating a stable control position within TPL Life Insurance Limited.