Karachi, Ibrahim Holdings (Pvt.) Limited, a substantial shareholder of Ibrahim Fibres Limited, has executed significant share purchases on two separate occasions.

According to the details provided by Ibrahim Fibres Limited, Ibrahim Holdings (Pvt.) Limited carried out the following transactions:

1. On July 26, 2023, Ibrahim Holdings (Pvt.) Limited acquired 200 shares at a rate of 250.00 per share through CDC (Central Depository Company).

2. On July 27, 2023, another substantial purchase was made by Ibrahim Holdings (Pvt.) Limited, wherein they bought 2000 shares at a rate of 250.00 per share through CDC (Central Depository Company).

These transactions indicate a notable increase in Ibrahim Holdings' stake in Ibrahim Fibres Limited. Such substantial investments made by the shareholder may indicate their confidence in the company's prospects and future growth potential.

As per regulations, transactions by directors, CEOs, executives, their spouses, and substantial shareholders are required to be disclosed to ensure transparency and fair market practices. The execution of these transactions has been duly reported to the relevant authorities and stock exchanges in compliance with the applicable regulations.

Investors and stakeholders will likely keep a close watch on the developments at Ibrahim Fibres Limited and its financial performance, given the substantial investment by Ibrahim Holdings (Pvt.) Limited.