Karachi: TPL Corp Limited, a substantial shareholder in TPL Life Insurance Limited, has executed a significant transaction involving the sale of shares, as disclosed in a report dated September 4, 2026. This transaction was executed in compliance with the Pakistan Stock Exchange (PSX) regulations.

The details of the transaction reveal that on August 28, 2026, TPL Corp Limited sold a total of 1,254,502 shares at a rate of 20.90 per share. This sale was conducted in the ready market category, according to information available from the Pakistan Stock Exchange (PSX). Following this transaction, TPL Corp Limited holds a cumulative total of 185.99 million shares, which represents 82.85% of the company's total shares.

The transaction highlights a significant move in the holding pattern of TPL Life Insurance Limited, reflecting a strategic decision by TPL Corp Limited to adjust its stake in the company.