Karachi, IGI Holdings Limited, a leading insurance and financial services provider, has announced a recent transaction involving one of its Directors. The company disclosed that Ali Ahsan, an Independent Director of IGI Holdings, executed a share acquisition on August 8, 2023.

In this transaction, Mr. Ali Ahsan purchased 100 shares of IGI Holdings Limited at a rate of Rs. 94.00 per share. The shares were acquired through the Central Depository Company (CDC) in ready form, further enhancing Mr. Ahsan's stake in the company.

The move underlines Mr. Ahsan's continued confidence in IGI Holdings' growth prospects and his commitment to the company's mission. As an Independent Director, his involvement in the share acquisition demonstrates alignment with the company's strategic objectives.

This disclosure comes in accordance with regulatory requirements and showcases IGI Holdings' commitment to transparency in its transactions involving Directors, Executives, and substantial shareholders. It also reflects the company's dedication to keeping shareholders and the market well-informed about significant developments.