In accordance with Sections 96 of the Securities Act, 2015 and Clause 5.6.1(a) of PSX Regulations, we hereby convey the following:
We are pleased to announce that TPL Trakker Limited has been awarded the Shariah Compliance Certificate and has been declared a Shariah Compliant Security by Al-Hilal Shariah Advisors (Private) Limited.
The said Certificate has been issued after a thorough analysis of the financial statements of the Company on the basis of various Shariah screening criteria including the criteria of the Pakistan Stock Exchange and the criteria issued by the Shariah Supervisory Council.
A disclosure form as required under S.R.O. 143(1)/2012 dated December 5, 2012 read with Section 131 of the Securities Act, 2015 is also enclosed as Annexure A.
Yours sincerely,
________________
Danish Qazi
Company Secretary
Cell No. 0300-8241394
Cc:
The Commissioner,
Company Law Division,
Securities and Exchange Commission of Pakistan,
NIC Building, 63, Jinnah Avenue, Blue Area, Islamabad.
ANNEXURE A
DISCLOSURE FORM
IN TERMS OF SECTIONS 96 AND 131 OF THE SECURITIES ACT, 2015
Name of Company:
TPL Trakker Limited
20th Floor, Sky Tower, East Wing
Dolmen City, HC-3, Block 4, Clifton, Karachi
Date of Report:
November 02, 2022
Contact Information:
Danish Qazi
Company Secretary
20th Floor, Sky Tower, East Wing
Dolmen City, HC-3, Block 4, Clifton, Karachi.
Telephone Number:
+92 21 34390300 (5)
Fax Number:
+92 21 35316028
Please mark the appropriate box below (see General Instruction A.1 below before filing the details).
[√ ]
Disclosure of price sensitive / inside information by listed company.
Public disclosure of price sensitive / inside information, which directly concerns the listed securities.
We are pleased to announce that TPL Trakker Limited has been awarded the Shariah Compliance Certificate and has been declared a Shariah Compliant Security by Al-Hilal Shariah Advisors (Private) Limited.
The said Certificate has been issued after a thorough analysis of the financial statements of the Company on the basis of various Shariah screening criteria including the criteria of the Pakistan Stock Exchange and the criteria issued by the Shariah Supervisory Council.
The company has duly caused this form / statement to be signed / on its behalf by the undersigned hereunto duly authorized.
_______________
Danish Qazi
Company Secretary
Cell No. 0300-8241394
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TPL Trakker Limited published this content on 02 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 November 2022 05:39:09 UTC.
TPL Trakker Limited is an asset tracking industry, which is engaged in providing Internet of Things (IoT) solutions. Its principal activities include installation and sale of tracking devices, vehicle tracking and fleet management. Its solutions include vehicle tracking, container tracking, bike tracking, cold chain monitoring, fuel monitoring systems, genset monitoring, automated fuel management system, dispatch solutions, vehicle video surveillance, analytics, and driver behavior monitoring. Its bike tracker offers a range of features that include tracking replay, location tracking, and trip movement which have been integrated into a portal-MyTrakker and in the TPL Trakker Mobile App. Its dispatch solutions provide a vital link between dispatchers and field personnel whilst enabling its customers to enhance business efficiency and productivity. It serves industries, such as oil and gas, logistics and distribution, construction and heavy equipment and fast-moving consumer goods.