Karachi: TPL Corp Limited, a substantial shareholder of TPL Life Insurance Limited, has conducted multiple transactions involving the sale of company shares, as disclosed under the Pakistan Stock Exchange (PSX) Regulation 5.6.4. The transactions, executed over a series of days in June 2026, highlight significant movements in the company's shareholding structure.

According to the filed disclosure dated July 1, 2026, TPL Corp Limited engaged in several sales transactions on June 22, June 23, and June 24, 2026. The transactions were executed in the ready market as well as through the Negotiated Deal Market (NDM), indicating varied strategies in the disposal of shares.

On June 22, TPL Corp Limited sold 3.00 million shares at a rate of 22.55 per share, followed by a separate sale of 1.85 million shares at the same rate. An additional sale of 164,000 shares was also executed at 22.55 per share. Furthermore, a significant sale transaction of 10.00 million shares was conducted on the same day at a slightly lower rate of 22.50 per share through the NDM.

The transactions continued on June 23, with the sale of 300,000 shares at an increased rate of 24.81 per share. The following day, June 24, saw the sale of 1.00 million shares at a rate of 20.00 per share through the NDM, and a smaller sale of 25,000 shares at a rate of 27.29 per share in the ready market.

These transactions resulted in a cumulative shareholding of 195.16 million shares, maintaining a substantial holding percentage of 86.93% by TPL Corp Limited. According to information available from the Pakistan Stock Exchange (PSX), such transactions are critical in understanding the shifts within the company's ownership dynamics and market influence.

The designated market category for these transactions remains within the bounds of substantial shareholding activity, providing insights into the strategic financial maneuvers by TPL Corp Limited regarding its investment in TPL Life Insurance Limited.