{"id":395,"date":"2026-05-06T18:32:58","date_gmt":"2026-05-06T18:32:58","guid":{"rendered":"https:\/\/finance.brands.pk\/?p=395"},"modified":"2026-06-13T18:35:49","modified_gmt":"2026-06-13T18:35:49","slug":"ztp-acquires-36-67-stake-in-first-ibl-modaraba","status":"publish","type":"post","link":"https:\/\/finance.brands.pk\/?p=395","title":{"rendered":"ZTP Acquires 36.67% Stake in First IBL Modaraba"},"content":{"rendered":"<p>ZTP (Private) Limited has announced the acquisition of <strong>7,952,584 Modaraba certificates<\/strong> of First IBL Modaraba, representing approximately <strong>36.67% of the Modaraba&#8217;s paid-up certificate capital<\/strong>.<\/p>\n<p>According to the company&#8217;s official disclosure submitted to the Pakistan Stock Exchange (PSX), the acquisition establishes ZTP as a significant shareholder in First IBL Modaraba and reflects the company&#8217;s strategic investment objectives.<\/p>\n<p>The disclosure was made in compliance with the requirements of <strong>Section 110 of the Securities Act, 2015<\/strong>, ensuring that relevant regulatory authorities, investors, and stakeholders are informed of the substantial shareholding change.<\/p>\n<p>The investment marks an important development for both organizations, as ZTP strengthens its position within the financial and investment sector through a considerable ownership interest in First IBL Modaraba.<\/p>\n<p>Company representatives stated that the acquisition aligns with ZTP&#8217;s long-term investment strategy and demonstrates confidence in the future prospects of First IBL Modaraba.<\/p>\n<p>The notification was formally submitted to the Pakistan Stock Exchange and other relevant stakeholders as part of the company&#8217;s regulatory obligations regarding significant share acquisitions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ZTP (Private) Limited has announced the acquisition of 7,952,584 Modaraba certificates of First IBL Modaraba, representing approximately 36.67% of the Modaraba&#8217;s paid-up certificate capital. According to the company&#8217;s official disclosure submitted to the Pakistan Stock Exchange (PSX), the acquisition establishes ZTP as a significant shareholder in First IBL Modaraba and reflects the company&#8217;s strategic investment [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[137],"tags":[49],"class_list":["post-395","post","type-post","status-publish","format-standard","hentry","category-first-ibl-modaraba-fiblm-psx","tag-material-information","et-doesnt-have-format-content","et_post_format-et-post-format-standard"],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/finance.brands.pk\/index.php?rest_route=\/wp\/v2\/posts\/395","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/finance.brands.pk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/finance.brands.pk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/finance.brands.pk\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/finance.brands.pk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=395"}],"version-history":[{"count":1,"href":"https:\/\/finance.brands.pk\/index.php?rest_route=\/wp\/v2\/posts\/395\/revisions"}],"predecessor-version":[{"id":396,"href":"https:\/\/finance.brands.pk\/index.php?rest_route=\/wp\/v2\/posts\/395\/revisions\/396"}],"wp:attachment":[{"href":"https:\/\/finance.brands.pk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=395"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/finance.brands.pk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=395"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/finance.brands.pk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=395"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}