An international investor has shown interest in buying the majority shares of TPL Trakker Limited, a subsidiary of TPL Corporation Limited, with TPL Holdings (Private) Limited serving as its ultimate parent company.
“We are pleased to inform you that an international investment group has expressed its interest in acquiring majority shareholding stakes in TPL Trakker Limited, a subsidiary of TPL Corp Limited,” TPL Corp said in a notice to the Pakistan Stock Exchange (PSX) on Wednesday.
“This intention remains subject to requisite corporate and statutory/regulatory approvals, due diligence, negotiations with sellers, and execution of definitive agreements,” it added.
Incorporated in December 2016 as TPL Vehicle Tracking (Private) Limited, TPLT is primarily involved in the installation and sales of vehicle tracking devices and provides fleet management services.
The company also offers a wide range of Internet of Things (IoT) solutions to various industries, including cold chain monitoring, fuel monitoring, genset monitoring and driver behaviour monitoring.
In August 2025, Trakker Middle East LLC secured its first African project in Chad, providing IoT-based fuel monitoring solutions, marking a significant step in extending its geographic footprint beyond the Middle East.
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