Director’s Share Sale at TPL Properties Sparks Notice


Karachi: In a recent disclosure, TPL Properties Limited has announced a significant share transaction carried out by its director, Muhammad All kilned. According to a notice submitted to the Pakistan Stock Exchange, this development was recorded on October 20, 2025, as part of the company’s regulatory requirements.



The transaction, executed on October 13, 2025, involved the sale of 1,014,485 shares at a rate of Rs 12.03 per share. These shares were sold in the Central Depository System (CDS) under the ready market category. Following this transaction, the cumulative shareholding by Muhammad All kilned now stands at 38.80 million shares, representing 6.91% of the company’s total shares.



According to information available from the Pakistan Stock Exchange (PSX), the change in percentage shareholding due to this transaction is classified as a moderate move. This transaction is set to be reviewed in the upcoming Board meeting, where any potential noncompliance issues under clause No. 5.6.4 of PSX Regulations will be addressed and confirmed to the Exchange.