TPL Corp Limited’s Substantial Shareholder Divests 4 Million Shares

Karachi: TPL Corp Limited has reported significant share transactions involving its substantial shareholder, TPL Holdings (Pvt.) Ltd, according to a recent disclosure. This announcement, made on October 26, 2026, outlines the sale of a substantial quantity of shares by TPL Holdings, a key player in the company's ownership structure.

On October 21, 2026, TPL Holdings executed two separate transactions, selling a total of 4 million shares of TPL Corp Limited. The sales were conducted in the ready market, with the first tranche involving 1.60 million shares sold at a rate of 22.00 per share and the second tranche comprising 2.40 million shares sold at 21.06 per share.

The cumulative number of shares held by TPL Holdings now stands at 84.83 million, maintaining a cumulative ownership percentage of 31.74% in TPL Corp Limited. These transactions reflect a very large or significant move in the company's stock activity.

According to information available from the Pakistan Stock Exchange (PSX), these transactions were made in compliance with PSX regulations, specifically under section 5.6.1.(d), which pertains to the disclosure of interests by directors, CEOs, executives, and substantial shareholders, along with their spouses and minors.

The designated market category for these transactions was specified as CDC, indicating the nature of the share certificates involved in the trade. This disclosure is part of the company's ongoing commitment to transparency and regulatory compliance, providing stakeholders with essential information about changes in ownership interests.