Karachi: In a recent disclosure under Pakistan Stock Exchange Regulation 5.6.4, IGI Holdings Limited announced a significant share transaction executed by Perwin Babar Ali, the spouse of Syed Babar Ali, who serves as a Non-Executive Director of the company. The transaction was officially recorded on June 9, 2026.
According to the details provided, Perwin Babar Ali purchased a total of 50,000 shares of IGI Holdings Limited in a ready market transaction executed on June 8, 2026. The shares were bought at a rate of 236.94 each, bringing her cumulative holding to 4,190,112 shares. This acquisition represents a 2.94% stake in the company.
According to information available from the Pakistan Stock Exchange (PSX), the transaction falls under the category of substantial shareholding, further indicating the strategic interest of the stakeholders involved. The market category under which this transaction was executed is designated as 'Ready'.
The disclosure of such transactions is crucial for maintaining transparency and ensuring informed decision-making by investors within the stock market.