Karachi: The substantial shareholder of TPL RUT Management Company Limited (TPL RMC), TPL Properties Limited, has executed a significant transaction involving the sale of its shares in TPL RMC. On September 1, 2025, TPL Properties Limited sold 1,500,000 shares at a rate of Rs. 14.5 per share. This transaction was carried out through the Central Depository System (CDS) in the ready market.

According to information available from the Pakistan Stock Exchange (PSX), TPL RMC is responsible for managing TPL REIT Fund-I. Following this transaction, the cumulative shareholding of TPL Properties Limited stands at 663.60 million shares, representing 36.16% of the total shares. The sale was conducted to raise funding against available UIN limits by transferring the units to another company within the TPL group.

The transaction will be brought up in the forthcoming Board meeting, where any noncompliance issues related to PSX regulations will be reviewed. The disclosure of interest is part of the regulatory requirements under clause No. 5.6.4 of the PSX Regulations, ensuring transparency in the dealings of directors, CEOs, executives, and substantial shareholders of listed companies. This transaction represents a moderate move in the market category.