Karachi: TPL Corp Limited, a substantial shareholder of TPL Trakker Limited, has executed a series of share transactions, as disclosed in a report dated October 26, 2026. These transactions, carried out over a span of several days, involved the selling of shares in the ready and negotiated deal markets.
According to the report, TPL Corp Limited sold 1.00 million shares at a rate of 30.01 on October 15, 2026, followed by the sale of 1.40 million shares at the same rate on October 16. On October 19, two separate transactions were executed: one involving 3.50 million shares at a rate of 30.04, and another totaling 1.00 million shares at 30.01. The sales continued with the disposal of 3.00 million shares at a rate of 30.00 on October 20 in the negotiated deal market. The final transaction recorded was on October 21, with 2.50 million shares sold at a rate of 35.00.
According to information available from the Pakistan Stock Exchange (PSX), these transactions reflect a very large or significant move in the market activity by TPL Corp Limited, maintaining a cumulative total of 71.53 million shares, representing a cumulative percentage of 38.20% of TPL Trakker Limited's shares.
The designated market category for these transactions was the Central Depository Company (CDC), and the nature of the transactions was classified under 'SELL'. Each transaction was carried out with the aim of adjusting the shareholding structure within the regulatory framework set by the Pakistan Stock Exchange.