Karachi: TPL Holdings (Pvt.) Ltd, a substantial shareholder in TPL Corp Limited, has executed several significant transactions involving the sale of shares in the company, according to a recent disclosure under PSX Regulation 5.6.4. The transactions, carried out over a series of days in early June, were reported in compliance with the Pakistan Stock Exchange requirements.
On June 1, 2026, TPL Holdings sold 1 million shares at a rate of 11.31 per share. This was followed by another sale of 2 million shares on June 3, 2026, at 11.61 per share. The transaction activity continued with the disposal of 1.8 million shares on June 4, 2026, at a rate of 11.77 per share. Finally, on June 5, 2026, an additional 1 million shares were sold at 12.27 per share.
According to information available from the Pakistan Stock Exchange (PSX), these transactions have been classified under the ‘Ready’ market category with the shares being held in Central Depository Company (CDC) form. Following these sales, the cumulative number of shares held by TPL Holdings remains at 106.63 million, which represents a cumulative percentage holding of 39.89% in TPL Corp Limited.
These transactions by TPL Holdings highlight significant moves in the trading of the company’s shares, reflecting a strategic decision by the substantial shareholder.