⚡ Flash Summary

TPL Insurance Limited plans to issue additional shares under its Employee Share Option Scheme (ESOS). The company has received PKR 2,500,000 in cash as subscription amount for the proposed issue. This issuance will increase the company’s paid-up capital. The auditor, Grant Thornton, has certified the receipt of these funds, confirming that the company received an aggregate subscription amount of Rs. 2,500,000 on September 12, 2025.

📌 Key Takeaways

• ✅ TPL Insurance is issuing additional shares under its Employee Share Option Scheme (ESOS).
• 💰 The company received a subscription amount of PKR 2,500,000 in cash.
• 🗓️ The funds were received on September 12, 2025.
• 🏢 Grant Thornton has certified the receipt of these funds.
• 📜 The share issuance was approved by the Board of Directors on April 27, 2023.
• 📈 The face value of each share is PKR 10.
• 🔢 250,000 shares will be issued as part of this ESOS.
• ⬆️ Paid-up capital before this receipt was PKR 1,983,944,620 (198,394,462 shares).
• ➕ The subscription amount adds PKR 2,500,000 to the paid-up capital.
• ✔️ Revised paid-up capital will be PKR 1,986,444,620 (198,644,462 shares).
• 🔒 The certificate is specifically for submission to the Pakistan Stock Exchange Limited.
• 🚫 The certificate cannot be distributed to other parties without prior written consent.
• 👨‍💼 Management is responsible for the information’s accuracy and disclosure.
• 🔎 Auditor’s responsibility is limited to the information included in the certificate’s scope.

🎯 Investment Thesis

HOLD. The ESOS share issuance is a routine corporate action with a small financial impact. The company appears to be following standard procedures for employee compensation. Investors should continue to monitor the company’s overall financial performance and strategic initiatives. Price target remains unchanged with a 12-month horizon.