Karachi: IGI Holdings Limited has disclosed a significant transaction involving one of its key personnel, as per the requirements under the Pakistan Stock Exchange's (PSX) Regulation 5.6.4. This announcement comes as part of the company's ongoing commitment to transparency and adherence to regulatory guidelines.

On April 25, 2025, Syed Shahid Ali, who serves as a Non-Executive Director at IGI Holdings Limited, executed a transaction concerning the company's shares. The transaction involved a gift out of 633,451 shares. These shares were transferred at a rate of 0.00, indicating a non-monetary transaction, through the Central Depository Company (CDC) under the Normal Delivery Market (NDM) category.

Following this transaction, the cumulative number of shares held by Syed Shahid Ali stands at 901,523, representing 0.63% of the total shares of the company. According to information available from the Pakistan Stock Exchange (PSX), such disclosures are mandated to ensure that all stakeholders, including investors and regulatory bodies, are informed of any significant changes in the shareholding patterns of a company's key personnel.

The designated market category for this transaction is the NDM, which is specifically used for non-monetary transactions such as gifts or inheritance. The disclosure is part of a broader regulatory framework aimed at maintaining market integrity and providing a clear view of insider transactions to the public.

IGI Holdings Limited remains committed to fulfilling its obligations under PSX regulations, ensuring that all relevant transactions by directors, executives, and substantial shareholders are disclosed in a timely and transparent manner.