Karachi: The executive director of IGI Holdings Limited, Syed Hyder Ali, has increased his stake in the company through a recent purchase of shares, according to a disclosure made under PSX Regulation 5.6.4. This regulatory filing, dated July 9, 2026, details the transaction executed on July 8, 2026, involving the acquisition of 39,500 shares at a rate of 252.41 per share.

The transaction was carried out in the ready market and has brought Syed Hyder Ali's cumulative shareholding in IGI Holdings Limited to 28.29 million shares, representing a cumulative percentage of 19.83%. This move underscores the executive's continued confidence in the company's prospects.

According to information available from the Pakistan Stock Exchange (PSX), this acquisition is part of the ongoing activities by directors, CEOs, executives, and substantial shareholders, along with their spouses and minors, in the company's shares.

The transaction details, as reported, show a significant investment by the executive director, further solidifying his position as a major stakeholder within the company. The disclosure aligns with the regulatory requirements aimed at ensuring transparency in the dealings of relevant persons with company shares.