Ibrahim Fibers Limited Discloses Substantial Shareholder Transaction in Compliance with PSX Regulations.

Karachi -- Ibrahim Fibers Limited has made a significant disclosure regarding a transaction by one of its substantial shareholders, in accordance with clause 5.6.4 of the PSX Regulations. The details of this transaction are as follows:

Transaction Details:

Name of Person: M/s. Ibrahim Holdings (Pvt.) Ltd. (Substantial Shareholder/Sponsor)

Date of Transaction: October 2, 2023

Nature of Transaction: Buy

Number of Shares: 1500

Rate: 250.00

Form of Share Certificates: CDC (Central Depository Company)

Market: Ready

Ibrahim Fibers Limited has assured that these transactions will be presented in an upcoming board meeting, with any non-compliance issues duly highlighted for consideration, as mandated by clause 5.6.4 of the PSX Regulations. Additionally, the company confirms that the holding period for these transactions exceeds six (06)...