Karachi: TPL Corp Limited, a substantial shareholder of TPL Properties Limited, has disclosed the sale of 500,000 shares in the company. The transaction, executed on October 7, 2025, was conducted at a rate of Rs. 10.89 per share, as per the disclosure requirements outlined under clause 5.6.4 of the Pakistan Stock Exchange (PSX) Regulations.

The shares were sold in the Central Depository System (CDS) under the ready market category. Following this transaction, TPL Corp Limited's cumulative shareholding in TPL Properties Limited stands at 196.26 million shares, which constitutes 34.98% of the company's total shares.

According to information available from the Pakistan Stock Exchange (PSX), the transaction will be reviewed in an upcoming Board meeting. During this meeting, any non-compliance with the PSX regulations will be highlighted and considered for further action.

This disclosure ensures transparency in the dealings of substantial shareholders, directors, CEOs, and executives of listed companies, as mandated by PSX guidelines.