May 6, 2026 – IBMU Builders (Private) Limited has announced the successful acquisition of 3,070,000 Modaraba certificates of First IBL Modaraba, representing approximately 14.16% of the Modaraba’s paid-up certificate capital.
The acquisition marks a significant milestone for IBMU Builders, establishing the company as a substantial shareholder in First IBL Modaraba. The investment reflects IBMU Builders’ confidence in the Modaraba’s growth potential and its commitment to strengthening its presence in Pakistan’s financial and investment sectors.
According to the official disclosure submitted to the Pakistan Stock Exchange (PSX), the transaction has been carried out in compliance with the requirements of Section 110 of the Securities Act, 2015. The disclosure was made to ensure transparency and to keep regulatory authorities, investors, and stakeholders informed of the development.
Company representatives stated that the acquisition aligns with IBMU Builders’ long-term investment strategy and demonstrates its intention to participate actively in opportunities that offer sustainable value and growth.
The company emphasized its commitment to maintaining high standards of corporate governance and regulatory compliance while pursuing strategic investments that contribute to its overall business objectives.
This development is expected to attract attention from investors and market participants, given the size of the acquired stake and its potential implications for the future relationship between IBMU Builders and First IBL Modaraba.
