Karachi, According to information available from the Pakistan Stock Exchange (PSX), Ibrahim Fibres Limited has disclosed a transaction executed by its substantial shareholder and sponsor, M/s. Ibrahim Holdings (Pvt.) Ltd. The transaction involved the purchase of 1,532 shares at a rate of 350.00 PKR per share. The shares are in CDC form and were traded on the ready market on May 13, 2024. The company has confirmed that this transaction will be presented at the subsequent board meeting and any non-compliances, if found, will be duly highlighted for consideration as required under clause 5.6.4 of PSX Regulations. Additionally, Ibrahim Fibres Limited has confirmed that the holding period for this transaction is over six months. If it is within six months, a cheque equivalent to the profit will be deposited with the SECP as required under Section 105 of the Securities Act, 2015, under intimation to PSX.