Lahore: IGI Holdings Limited announced the sale of shares of Mitchell's Fruit Farms Limited by its two major shareholders to CCL Holding (Private) Limited. The transaction, disclosed in accordance with Sections 96 and 131 of the Securities Act, 2015, and Clause 5.6.I of the Rule Book issued by the Pakistan Stock Exchange Limited (PSX), involves divestiture by Babar Ali Foundation and IGI Investments (Private) Limited.

The disclosure was made through intimation letters received from Babar Ali Foundation, founded by Syed Babar Ali, the Chairman of IGI Holdings, and IGI Investments, a wholly-owned subsidiary of IGI Holdings. Both entities have sold their respective shareholdings in Mitchell's Fruit Farms Limited to CCL Holding (Private) Limited as of July 23, 2025.

According to information available from the Pakistan Stock Exchange (PSX), the transaction has been carried out as per regulatory requirements, ensuring compliance with the relevant sections of the Securities Act, 2015. The sale marks a significant move for IGI Holdings Limited, as it represents a shift in the ownership structure of Mitchell's Fruit Farms Limited.

The designated market category for this transaction falls under the disclosure of material information, as mandated by the PSX regulations. The transaction details were disseminated to the Members of the Exchange, ensuring transparency and adherence to the regulatory framework.