Karachi: Key figures within IGI Holdings Limited have recently increased their shareholdings in the company, as disclosed under Pakistan Stock Exchange (PSX) Regulation 5.6.4. The transactions, executed by directors and their immediate family members, reflect a series of acquisitions over a two-day period in early September.
On September 9, 2026, Syed Babar Ali, a Non-Executive Director of IGI Holdings, purchased 3,500 shares at a price of 252.0436 each. This acquisition did not alter his cumulative shareholding percentage, maintaining it at 0.00%.
The following day, September 10, Mr. Ali bought an additional 11,500 shares at a rate of 250.00151 per share, resulting in a cumulative shareholding percentage increase to 0.01%. Both transactions were executed in the ready market.
Pervin Babar Ali, the spouse of Syed Babar Ali and also a Non-Executive Director, participated actively in the market as well. On September 9, she acquired 2,744 shares at 252.04436 each, marking a very large or significant move with a cumulative percentage of 3.06%. The next day, she purchased 11,053 shares at 250.00438 per share, further increasing her cumulative percentage to 3.07%, indicating another very large or significant move.
Additionally, Syed Hyder Ali, an Executive Director, engaged in similar transactions. On September 9, he acquired 3,500 shares at 252.04283 each, representing a moderate move with a cumulative percentage of 19.83%. His subsequent purchase of 11,500 shares on September 10 at 250.00283 each resulted in a slight increase in his cumulative percentage to 19.84%, classifying as a minor move.
According to information available from the Pakistan Stock Exchange (PSX), these transactions are part of a regulated disclosure process, ensuring transparency in the trading activities of significant shareholders and directors within the company. The designated market category for these transactions was the ready market.