IGI Holdings Limited Executives Conduct Share Transactions Amid Regulatory Compliance

Karachi: IGI Holdings Limited has reported recent share transactions conducted by its executive directors, in compliance with Pakistan Stock Exchange (PSX) regulations, according to a disclosure released on December 12, 2025.

The transactions involved Syed Ryder Ali and Syed Hyder Ali, both serving as Executive Directors of IGI Holdings Limited. Syed Ryder Ali executed a purchase of 20,000 shares on December 10, 2025, at a rate of 250.55 per share. This transaction increased his cumulative shareholding to 27.72 million shares, representing 19.43% of the company's total shares.

Following this, Syed Hyder Ali acquired 5,187 shares on December 11, 2025, at a rate of 256.86 per share. His cumulative shareholding now stands at 27.72 million shares, accounting for 19.44% of IGI Holdings Limited.

According to information available from the Pakistan Stock Exchange (PSX), these transactions reflect the ongoing engagement of the company's executives in shareholding activities, which are subject to strict compliance regulations.

The disclosure further clarifies that such transactions are to be presented by the Company Secretary at the next Board of Directors meeting. Extracts of the minutes from this meeting must be submitted via Form-30, as outlined in the Correspondence Manual through PUCARS.

The company is required to ensure that the holding period for these transactions exceeds six months. Should the holding period be less than six months, any profits must be deposited with the Securities and Exchange Commission of Pakistan (SECP) as per Section 105 of the Securities Act, 2015, with intimation to the PSX.

Furthermore, IGI Holdings Limited has been instructed to update the requisite details in the UIN Management System without delay, ensuring all regulatory obligations are met promptly.