TPL Properties Limited’s Substantial Shareholder Reports Significant Share Transactions

Karachi: TPL Properties Limited has disclosed substantial share transactions executed by its major shareholder, TPL Corp Limited, as per the requirements set forth by the Pakistan Stock Exchange (PSX) regulations. The notification was made on October 21, 2025, as part of the company's regular compliance and transparency practices.

On October 15, 2025, TPL Corp Limited executed two significant sell transactions involving TPL Properties Limited shares. In the first transaction, TPL Corp Limited sold 1,349,800 shares at a rate of Rs. 11.84 per share. The total shareholding in this category stood at 189.47 million shares, representing a 33.77% stake.

The second transaction, also conducted on October 15, 2025, involved the sale of 1,512,406 shares at a rate of Rs. 11.92 per share. According to information available from the Pakistan Stock Exchange (PSX), these transactions were executed in the Central Depository System (CDS) format under the ready market category.

The company has confirmed that these transactions will be addressed in an upcoming Board meeting. During this meeting, any potential noncompliance with PSX regulations, as stipulated in clause 5.6.4, will be reviewed and duly highlighted for consideration. TPL Properties Limited has assured stakeholders that the outcomes of this review will be communicated to the Exchange in accordance with regulatory requirements.