Karachi: IGI Holdings Limited has disclosed a significant share transaction involving the spouse of one of its non-executive directors, according to a regulatory filing on December 12, 2025.

The transaction, executed by Perin Babar Ali, the spouse of Syed Babar Ali, a non-executive director of IGI Holdings, involved the acquisition of 16,200 shares in the company. The shares were purchased at a rate of 251.764090112 each, bringing the cumulative percentage of shares held to 2.87. This transaction falls under the regulatory purview of the Pakistan Stock Exchange (PSX) Regulation 5.6.4, which mandates the disclosure of interests by relevant persons holding company shares.

According to information available from the Pakistan Stock Exchange (PSX), the cumulative percentage of 2.87 represents a big move in shareholding, underscoring its significance within the market. The transaction details are slated for presentation by the company secretary at the next board meeting, as per protocol.

The company has emphasized compliance with Section 105 of the Securities Act, 2015, which requires that transactions executed within a holding period of less than six months necessitate the deposition of equivalent profit with the Securities and Exchange Commission of Pakistan (SECP). Furthermore, IGI Holdings has assured that all requisite details have been updated in the UIN Management System to reflect this transaction.

The disclosure aligns with regulatory requirements aimed at maintaining transparency and accountability in corporate share dealings.