⚡ Flash Summary

On October 6, 2025, TPL Corp Limited, a substantial shareholder of TPL Properties Limited, executed a sale of 377,840 shares at a rate of PKR 11.12 per share. This transaction was conducted in the ready market through CDS certificates. Following the sale, TPL Corp Limited’s cumulative shareholding in TPL Properties Limited stands at 196,757,162 shares, representing 35.07% of the company.

📌 Key Takeaways

• 📉 TPL Corp Limited sold 377,840 shares of TPL Properties Limited.
• 🗓️ The transaction occurred on October 6, 2025.
• 💰 The sale price was PKR 11.12 per share.
• 🏢 The transaction was executed by TPL Corp Limited.
• 📊 The sale took place in the ready market through CDS certificates.
• 📉 Following the sale, cumulative shareholding is 196,757,162 shares.
• ⚖️ The remaining shareholding represents 35.07% of the company.
• 📜 The disclosure is under PSX Regulations 5.6.4.
• 📣 The transaction will be presented in a subsequent Board meeting.
• ⚠️ Non-compliance issues, if any, will be highlighted.
• ✔️ The Exchange confirms the details of the transaction.
• 🏢 Shayan Mufti, Company Secretary, signed the announcement.

🎯 Investment Thesis

Given the sale of shares by a substantial shareholder and the potential downward pressure on the stock, a SELL recommendation is warranted. While TPL Properties Limited has potential, the immediate impact of this transaction presents risks. Price Target: PKR 9.00. Time Horizon: SHORT_TERM