Karachi: TPL Properties Limited has disclosed significant transactions by its executive directors involving the sale of over two million shares, according to a formal statement issued on March 5, 2026.
The transactions, disclosed under the Pakistan Stock Exchange (PSX) Regulation 5.6.4, were executed by Mohammad Ali Jameel, an Executive Director of the company. On February 24, 2026, Mr. Jameel sold 1,003,500 shares at a rate of 8.89 per share. Subsequently, on February 26, 2026, he sold an additional 1,000,000 shares at a rate of 8.94 per share. These transactions took place in the futures market.
According to information available from the Pakistan Stock Exchange (PSX), the cumulative number of shares held after these sales stands at 36,163,931, representing a cumulative percentage of 6.45%. The sales transactions are classified as a significant move in the market.
These developments have sparked interest among market analysts and investors, as significant transactions by executives often provide insights into the company’s prospects and financial health. The designated market category for these transactions remains the futures market, as indicated in the disclosure.