Karachi: TPL Corp Limited, a substantial shareholder in TPL Trakker Limited, has executed significant transactions involving the sale of over 20 million shares, as disclosed under PSX Regulation 5.6.4. This development was officially announced on July 10, 2026.

The transactions, conducted by TPL Corp Limited, were executed in two different market categories: NDM (Non-Deliverable Market) and Ready. On June 29, 2026, TPL Corp Limited sold 8,175,000 shares through the NDM at a rate of 17.50 per share, followed by another sale of 6,000,000 shares in the Ready market on the same day at the same rate. Subsequently, on July 1, 2026, the company sold an additional 5,825,000 shares in the NDM, maintaining the rate of 17.50 per share. The cumulative number of shares held by TPL Corp Limited now stands at 97,442,588, representing 52.04% of the company's total shares.

According to information available from the Pakistan Stock Exchange (PSX), these transactions highlight TPL Corp Limited's strategic decision to reduce its holdings in TPL Trakker Limited. The sales were executed at a consistent rate across different trading categories, reflecting a uniform transaction strategy.

Each transaction was carried out using the Central Depository Company (CDC) form of share certificates, ensuring a standardized process. The sales were classified under 'sell' nature, indicating TPL Corp Limited's intention to divest a portion of its holdings in TPL Trakker Limited.

The disclosed transactions are significant within the context of TPL Trakker Limited's trading activities and shareholder interests, providing insight into the company's shareholder dynamics and market behavior.