Karachi: Ibrahim Holdings (Pvt.) Ltd., a substantial shareholder and sponsor of Ibrahim Fires Limited, has increased its stake in the company through a recent transaction, according to information available from the Pakistan Stock Exchange (PSX).

The transaction involved the purchase of 117 shares at a rate of 350 each, conducted on the ready market on November 26, 2024. As a result of this acquisition, Ibrahim Holdings' cumulative shareholding in Ibrahim Fires Limited has reached 285,008,380 shares, representing 91.79% of the company's total shares.

This disclosure is in accordance with PSX Regulation 5.6.4, which mandates the disclosure of interest by relevant persons holding company shares. The transaction highlights the ongoing involvement and investment of Ibrahim Holdings in the operations and future of Ibrahim Fires Limited.