Director of TPL Properties Limited Sells 1 Million Shares, Reducing Stake

Karachi: TPL Properties Limited has announced a significant share transaction involving one of its directors, Muhammad Ali. On October 1, 2025, Ali executed a sale of 1 million shares at a rate of 11.66 per share through the Central Depository System (CDS) in the ready market. This transaction has adjusted his cumulative shareholding percentage to 8.76%.

According to information available from the Pakistan Stock Exchange (PSX), this sale represents a very large or significant move in the director’s shareholding position. The transaction details, including any potential noncompliance, will be reviewed and discussed at the upcoming Board meeting, as stipulated by clause No. 5.6.4 of PSX Regulations.

TPL Properties Limited has committed to presenting these details to the Exchange following the Board’s consideration.