Karachi: On November 4, 2026, TPL Properties Limited disclosed a series of transactions involving its substantial shareholders and an executive director. The transactions, reported under the Pakistan Stock Exchange (PSX) regulations, highlight active trading of the company's shares by TPL Corp Limited and Mohammad Ali Jameel.
According to the official report, TPL Corp Limited, a substantial shareholder, executed multiple trades on October 27, 2026. The entity purchased 1.50 million shares at a rate of 11.68 and subsequently sold the same quantity at 11.55. Further transactions included the acquisition of 1.95 million shares at 11.63, followed by a sale of an equal amount at 11.51. These trades maintained TPL Corp Limited's cumulative shareholding at 168.89 million shares, representing 30.10% of the company's total shares. The trading activity constitutes a very large or significant move, given the volume of shares involved.
In a parallel development, Mohammad Ali Jameel, an Executive Director of TPL Properties, was also engaged in notable trading activities on October 26, 2026. Jameel purchased 2.50 million shares at 11.60 and sold them at 11.47. Additionally, he acquired 3.30 million shares at 11.45 and later sold them at 11.33. His cumulative holdings remained at 34.78 million shares, accounting for 6.20% of the company's shares. The trading volume by Jameel is categorized as a very large or significant move.
According to information available from the Pakistan Stock Exchange (PSX), these transactions were carried out in the future market, involving Central Depository Company (CDC) form of share certificates. The detailed disclosure underscores the active participation of key stakeholders in the market, reflecting strategic financial maneuvers within TPL Properties Limited.