Ibrahim Fibres Limited Reports Substantial Shareholder’s Stock Purchase

Karachi, Ibrahim Fibres Limited, a prominent player in the industrial sector, has officially disclosed a significant stock transaction carried out by a substantial shareholder. The Company has communicated the details of this transaction, which took place on August 28, 2023.

The transaction involved the substantial shareholder "Ibrahim Holdings (Pvt.) Limited" engaging in a stock purchase. The purchase consisted of acquiring a total of 100 shares of Ibrahim Fibres Limited. The shares were acquired at a rate of 250.00 per share. The transaction was executed through CDC (Central Depository Company) and marked as "Ready" in the market.

This transaction represents the shareholder's active engagement in the company's shares, underlining their continued interest and confidence in the future prospects of Ibrahim Fibres Limited. The disclosure of this transaction reinforces transparency and accountability within the company and its operations.