Karachi: Ibrahim Holdings (Pvt.) Ltd., a substantial shareholder and sponsor of Ibrahim Fibres Limited, has increased its shareholding in the company, according to a recent disclosure mandated by the Pakistan Stock Exchange (PSX) under regulation 5.6.4. The transaction involved a purchase of nine additional shares on May 2, 2025, at a rate of 350 per share.

Following this acquisition, Ibrahim Holdings' cumulative shareholding in the company has reached 285.08 million shares, maintaining their dominant position with a 91.81% ownership stake. This significant level of shareholding places Ibrahim Holdings in a controlling position within the company, which is listed under the designated market category.

According to information available from the Pakistan Stock Exchange (PSX), the transaction was executed in the ready market through the Central Depository Company (CDC) form of share certificates. The strategic decision to increase their shareholding underscores the company's commitment to strengthening its influence within Ibrahim Fibres Limited.

The transaction details were disclosed in compliance with PSX regulations, ensuring transparency and adherence to the rules governing substantial shareholding changes.