Karachi: TPL Corp Limited, a substantial shareholder in TPL Life Insurance Limited, has executed a noteworthy transaction involving the sale of shares, according to a report dated September 8, 2026. The transaction was conducted on September 4, 2026, under the Non-Deliverable Market (NDM) category.

The shareholder, identified as TPL Corp Limited, sold a total of 3.00 million shares at a rate of 20.00 per share. The cumulative number of shares held post-transaction stands at 182.99 million, translating to a cumulative percentage of 81.51%.

According to information available from the Pakistan Stock Exchange (PSX), this transaction falls under the category of disclosure of interest by a director, CEO, or executive of a listed company, their spouses, and substantial shareholders as per the PSX Regulations. The transaction's scale represents a very large or significant move in the shareholding of TPL Life Insurance Limited.

The market category designated for this transaction is CDC, and the sale reflects a substantial shift in the shareholding pattern of TPL Life Insurance Limited by one of its major stakeholders.