Karachi: An executive director at International Packaging Films Limited has significantly increased his shareholding in the company, according to a report disclosed by the firm. The transaction details, submitted under the Pakistan Stock Exchange (PSX) regulations, reflect a notable acquisition by the director.

The report, dated November 12, 2026, reveals that Naveed Godil, an Executive Director of International Packaging Films Limited, executed two separate purchases of the company's shares. On November 10, 2026, Godil acquired 125,000 shares at a rate of 29.11 per share, increasing his cumulative shareholding to 96.77 million shares, which represents 13.16% of the company's total shares.

The following day, November 11, 2026, Godil further purchased 122,420 shares at a slightly higher rate of 29.17 per share. This transaction elevated his total holding to 96.89 million shares, accounting for 13.18% of the company’s shares.

According to information available from the Pakistan Stock Exchange (PSX), these transactions are classified as a very large or significant move in terms of stock acquisition by a company insider. The substantial increase in shareholding underscores the executive director's confidence in the company's prospects.

This disclosure is part of the regulatory requirements for listed companies to report the transactions executed by directors, executives, and substantial shareholders, including their spouses and minors, as per PSX regulations.