Karachi: The substantial shareholder of TPL Properties Limited has executed significant share transactions, according to a disclosure filed with the Pakistan Stock Exchange (PSX). The information, disclosed on November 4, 2025, pertains to transactions conducted on October 31, 2025.

The transaction details reveal that TPL Corp Limited, a substantial shareholder in TPL Properties, sold a total of 3,000,000 shares. These sales occurred in two separate transactions of 1,500,000 shares each. The shares were sold at rates of Rs. 9.97 and Rs. 10.10, respectively. The shares, held in the Central Depository System (CDS), were sold in the future market.

According to information available from the Pakistan Stock Exchange (PSX), the shareholding held by TPL Corp Limited as a result of these transactions stands at 177,375,598 shares, representing 31.61% of the total shares. The company has clarified that the sale was conducted to raise financing and that the shares were initially acquired in the future market.

TPL Properties Limited has committed to presenting these transactions at an upcoming Board meeting. The presentation will include highlighting any noncompliance issues, if present, as mandated by clause No. 5.6.4 of PSX Regulations. The company further assured confirmation of these details to the Exchange.