IBFL reported an insider transaction worth Rs 20m

In a notification sent to the PSX on April 30, 2024, Ibrahim Fibres Limited (IBFL) reported a transaction by the Substantial Shareholder.

The transaction was carried out by Ibrahim Holdings Private Limited, which is a Substantial Shareholder of the company.

He bought a total of 50,952 shares of the company at a price of Rs. 400 per share. The total amount for this transaction stands at Rs. 20,380,800.

The shares of IBFL were last trading at Rs. 400.00 today.