Lahore: In a recent development dated February 14, 2025, Ibrahim Fibers Limited has announced a significant transaction conducted by one of its substantial shareholders. This disclosure aligns with the Pakistan Stock Exchange (PSX) Regulation 5.6.4, which mandates the transparent reporting of share transactions by key stakeholders.

The transaction was executed by M/s. Ibrahim Holdings (Pvt.) Ltd., a substantial shareholder and sponsor of Ibrahim Fibers Limited. According to the details revealed, the transaction involved the purchase of 5,000 shares at a rate of 350.00 per share. This transaction was executed in the ‘Ready’ market on February 13, 2025, with the shares held in the Central Depository Company (CDC) form.

The cumulative shareholding of Ibrahim Holdings (Pvt.) Ltd. has now reached a total of 285,074,299 shares, representing a significant 91.81% of the company’s outstanding shares. This latest acquisition underscores the continued confidence of the substantial shareholder in the company’s prospects.

According to information available from the Pakistan Stock Exchange (PSX), this transaction is part of the ongoing activities within the designated market category of the exchange, emphasizing the importance of transparency in shareholder dealings.

This disclosure provides valuable insights into the ownership structure of Ibrahim Fibers Limited, reflecting the strategic decisions made by its key stakeholders. The market and investors closely watch such transactions as they could indicate future directions and strategies of the company.