Karachi: The Chief Executive Officer of TPL Insurance Limited, Muhammad Aminuddin, has conducted a series of transactions resulting in the sale of a substantial number of shares, as disclosed in compliance with PSX regulations. According to information available from the Pakistan Stock Exchange (PSX), these transactions are part of routine disclosures by company executives and are subject to regulatory oversight.

On June 11, 2025, Aminuddin executed a sale of 500,000 shares at a rate of 10 rupees per share. This transaction, along with subsequent sales, has been recorded in the Central Depository System (CDS) under the Non-Deliverable Market (NDM) category.

Following the initial sale, additional transactions were carried out on June 16, June 19, and June 25, each involving the disposal of another 500,000 shares at the same rate. The cumulative effect of these transactions has led to a Big move in the CEO’s shareholding within the company.

The current cumulative shareholding of Aminuddin is 720,250 shares, which represents 0.36 percent of the company's total shares. These transactions are to be reviewed in an upcoming Board meeting, as stipulated by the PSX regulations, which require a thorough examination of any non-compliance issues for further consideration.

This disclosure is a requirement for all directors, CEOs, executives, and substantial shareholders of listed companies to ensure transparency and maintain investor confidence in the market. TPL Insurance Limited operates within the designated market category of insurance services.