TPL Trakker Limited’s Major Shareholder Offloads Substantial Shares

Karachi: TPL Trakker Limited has disclosed significant share transactions executed by its substantial shareholder, TPL Corp Limited, according to a report dated September 23, 2026. The transactions were carried out on the Pakistan Stock Exchange under the ASH Regulation 5.6.4, which mandates the disclosure of interest by relevant persons holding the company's shares.

The report details three separate selling transactions conducted by TPL Corp Limited. On September 14, 2026, TPL Corp Limited sold 364,155 shares in the ready market. The following day, September 15, 2026, another tranche of 400,000 shares was offloaded. The most sizable transaction occurred on September 18, 2026, when TPL Corp Limited sold 3.00 million shares. Each transaction resulted in a cumulative percentage holding of 45.86% for the substantial shareholder.

According to information available from the Pakistan Stock Exchange (PSX), these transactions reflect a very large or significant move in the company's shareholding, given the volume of shares sold. The exact rates at which the shares were sold were not disclosed.

The market category for these transactions was the ready market, and all share certificates were in the Central Depository Company (CDC) form.