Karachi: Ibrahim Holdings (Pvt.) Ltd., a substantial shareholder and sponsor of Ibrahim Fibers Limited, has executed a significant transaction to increase its stake in the company. The transaction was reported on February 25, 2025, under the Pakistan Stock Exchange (PSX) Regulation 5.6.4., which mandates the disclosure of interest by relevant persons holding company shares.

According to the details provided, Ibrahim Holdings purchased 684 shares of Ibrahim Fibers Limited on February 24, 2025. The transaction was conducted in the ready market at a rate of 350.00 per share. This acquisition has resulted in Ibrahim Holdings' cumulative shareholding in the company reaching 285.08 million shares, which translates to 91.81% of the total shares.

The designated market category for this transaction is the Central Depository Company (CDC), which facilitates the electronic settlement of transactions in Pakistan's stock markets. According to information available from the Pakistan Stock Exchange (PSX), this type of transaction is crucial for maintaining transparency and regulatory compliance in the market.

This recent transaction underscores the continued interest and investment of substantial shareholders in Ibrahim Fibers Limited, reflecting ongoing strategic moves within the company's shareholder structure.