Karachi: In a recent market transaction, Syed Hyder Ali, the Executive Director of IGI Holdings Limited, has increased his stake in the company. Details of the transaction were disclosed in compliance with section 5.6.1.(d) of the Pakistan Stock Exchange (PSX) Regulations.

According to the report dated November 4, 2026, Syed Hyder Ali purchased 8,998 shares of IGI Holdings Limited on November 3, 2026. The shares were bought at a rate of 224.40 each, bringing the cumulative number of shares held by him to 28.42 million. This acquisition represents a 19.92% cumulative percentage of the company's total shares.

According to information available from the Pakistan Stock Exchange (PSX), the transaction was executed under the 'Ready' market category. The move by Syed Hyder Ali is classified as a big move, given its impact on the executive's overall shareholding within the company.