Karachi: Ibrahim Fibres Limited has reported a notable transaction executed by its substantial shareholder, Ibrahim Holdings (Pvt.) Ltd., which has further consolidated its ownership in the company. The transaction, disclosed under the Pakistan Stock Exchange (PSX) Regulation 5.6.4., was conducted on March 17, 2025.
The transaction involved the purchase of 93 shares at a rate of 350.00 each in the ready market. This acquisition has increased the cumulative shareholding of Ibrahim Holdings (Pvt.) Ltd. to a substantial 285,076,468 shares, representing 91.81% of the company's total shares.
According to information available from the Pakistan Stock Exchange (PSX), Ibrahim Holdings Pvt. Ltd. is categorized as a substantial shareholder and sponsor of Ibrahim Fibres Limited. This recent transaction underscores the company's strategic decisions in managing its equity distribution.
The transaction and subsequent disclosure come in accordance with the regulatory requirements set by the PSX, ensuring transparency in the dealings of significant shareholders in publicly listed companies.