Karachi: IGI Holdings Limited has disclosed recent share transactions executed by its executive director and his spouse, according to a notice issued under the Pakistan Stock Exchange (PSX) regulation 5.6.4. The transactions involve the purchase of company shares by Syed Hyder Ali, the executive director, and his spouse, Amine Hyder Ali.
The transactions occurred on April 8, 2026, as detailed in the company’s official disclosure. Syed Hyder Ali acquired 15,000 shares of IGI Holdings Limited in a ready market transaction. The purchase brings his cumulative shareholding to 19.50%, reflecting a substantial position in the company.
In a parallel transaction, Amine Hyder Ali, spouse of Syed Hyder Ali, also acquired 15,000 shares of the company. Her cumulative shareholding now stands at 0.25%. These transactions were executed in compliance with the relevant PSX regulations regarding the disclosure of interest by company executives and their immediate family members.
According to information available from the Pakistan Stock Exchange (PSX), such disclosures are mandatory to ensure transparency and maintain investor confidence. The notice emphasizes the importance of adherence to these regulations by executives and related parties.
The transactions by the executive director and his spouse underscore their continued confidence in the financial prospects of IGI Holdings Limited, a significant player in its designated market category. The purchase of shares adds to the sizable holdings already maintained by the director and his family within the company.