Karachi: Ibrahim Fibres Limited has disclosed a recent transaction involving its substantial shareholder, Ibrahim Holdings (Pvt.) Ltd. The transaction, executed under Pakistan Stock Exchange (PSX) Regulation 5.6.4, highlights significant movements in the company's shareholding structure. On February 4, 2025, Ibrahim Holdings, recognized as both a substantial shareholder and sponsor, acquired additional shares of the company.

According to the transaction details, Ibrahim Holdings (Pvt.) Ltd. purchased a total of 502 shares at a rate of 350.00 per share. This acquisition was conducted in the ready market with Central Depository Company (CDC) share certificates. As a result of this transaction, the cumulative shareholding of Ibrahim Holdings in Ibrahim Fibres Limited now stands at 285.07 million shares.

The purchase has led to an increase in the percentage of shares held by Ibrahim Holdings, which now amounts to 91.81% of the total shares in the company. This substantial shareholding underscores the company's ownership dynamics and potential influence on corporate decisions.

According to information available from the Pakistan Stock Exchange (PSX), such transactions by substantial shareholders are critical in maintaining transparency and providing relevant stakeholders with insights into significant corporate actions. This disclosure also aligns with regulatory requirements, ensuring that all market participants are adequately informed about changes in the shareholding patterns of listed companies.

The designation of the market category for this transaction is the ready market, which indicates that the shares are readily available for trading and have been settled according to the standard procedures of the PSX. This transaction reflects the ongoing activities within Ibrahim Fibres Limited's shareholder base and highlights the active role of major stakeholders in shaping the company's future.