An international investment group has expressed interest in acquiring a majority stake in TPL Trakker Limited, a subsidiary of TPL Corp Limited, whose ultimate parent is TPL Holdings (Private) Limited.
TPL Corp disclosed the development in a notice to the Pakistan Stock Exchange (PSX) on Wednesday.
The company noted that the transaction remains subject to corporate and regulatory approvals, due diligence, negotiations with sellers, and the execution of definitive agreements.
Incorporated in December 2016 as TPL Vehicle Tracking (Private) Limited, TPL Trakker is engaged in the installation and sale of vehicle tracking devices and fleet management services.
The company also provides IoT solutions across industries, including cold chain monitoring, fuel monitoring, genset monitoring, and driver behaviour monitoring.
In August 2025, its affiliate Trakker Middle East LLC secured its first project in Africa, delivering IoT-based fuel monitoring solutions in Chad, marking an expansion of its operations beyond the Middle East.
