Karachi: TPL Corp Limited, a substantial shareholder in TPL Life Insurance Limited, has executed a series of significant share sales, as disclosed in a report dated November 12, 2026. These transactions were conducted under the guidelines outlined in section 5.6.1.(d) of the Pakistan Stock Exchange (PSX) Regulations.

On October 30, 2026, TPL Corp Limited embarked on a notable divestment of its holdings in TPL Life Insurance Limited. The company sold 100,000 shares at a rate of 15.73, followed by a larger transaction of 6.01 million shares at a rate of 15.58. The sales continued on November 2, 2026, with an additional sale of 1.03 million shares at a rate of 14.66. Following these transactions, TPL Corp Limited maintains a cumulative shareholding of 175.84 million shares, representing 78.33% of the total shares.

According to information available from the Pakistan Stock Exchange (PSX), these transactions by TPL Corp Limited represent a significant move in the market. The sales were executed in the ready market segment through the Central Depository Company (CDC).

TPL Life Insurance Limited operates within the designated market category of insurance services. The disclosure of these transactions is in compliance with PSX regulations, ensuring transparency and maintaining investor confidence in the market.