Karachi: IGI Holdings Limited has disclosed a recent share transaction executed by a substantial shareholder, as per regulatory requirements under PDX Regulation 5.6.4. The transaction was reported on August 6, 2025, and involved Syeda Henna Saber Ali, a significant stakeholder in the company.
According to the information provided, Syeda Henna Saber Ali engaged in the purchase of 23,796 shares of IGI Holdings Limited through the Central Depository Company (CDC) market. The transaction was carried out on August 4, 2025, in the ready market, contributing to her cumulative holding of 11.16 percent of the company's shares. The nature of the transaction was categorized as a buy, reflecting her continued investment in IGI Holdings Limited.
According to information available from the Pakistan Stock Exchange (PSX), the buy transaction by Ms. Ali represented a Big move in terms of shareholding percentage for the individual investor. The comprehensive details of this transaction are scheduled to be presented by the Company Secretary at the forthcoming Board of Directors meeting. This procedural step is mandated to ensure transparency and compliance with the company's governance policies.
Furthermore, the company is obligated to update the requisite details in the Unique Identification Number (UIN) Management System immediately, ensuring the accuracy and integrity of shareholder records. The transaction aligns with regulatory directives that require such disclosures to ensure market transparency and investor confidence.
As per the Securities Act, 2015, any profit accrued from transactions occurring within a holding period of less than six months must be deposited with the Securities & Exchange Commission of Pakistan (SECP), with notification provided to the PSX. This regulation aims to curtail speculative trading by significant company stakeholders and maintain market stability within the designated market category.
The disclosure serves as a reminder of the stringent compliance measures in place for directors, executives, and substantial shareholders regarding share dealings in listed companies.