Karachi: IGI Life Insurance Limited disclosed recent share transactions executed by individuals associated with the company, in compliance with Pakistan Stock Exchange (PSX) Regulation 5.6.4. The transactions involve a non-executive director's spouse and highlight changes in the holdings of the company's shares.

On April 9, 2025, Syeda Nighat Ali, the spouse of Syed Yawar Ali, a non-executive director, executed multiple transactions involving the purchase of shares in IGI Life Insurance Limited. The transactions were conducted in the ready market category.

The first transaction involved the purchase of 97 shares at a rate of 15.99, raising her cumulative shareholding to 513,553 shares, representing 0.30% of the company. Following this, she acquired an additional 21,903 shares at a rate of 16.00. This increased her total holdings to 535,456 shares, amounting to 0.31% of the company's shares.

In a final transaction on the same day, Syeda Nighat Ali purchased 944 shares at a rate of 16.10, bringing her cumulative shareholding to 536,400 shares, maintaining her ownership at 0.31% of IGI Life Insurance Limited.

According to information available from the Pakistan Stock Exchange (PSX), these transactions are part of the routine disclosures required under the stock exchange's regulations, ensuring transparency in shareholding movements by company insiders and their associates.