Lahore: Kohinoor Spinning Mills Limited has announced the issuance of shares other than rights, as per the company's recent communication and attached documentation. The announcement was made following an email correspondence dated April 18, 2025.

The company provided a copy of the deposit slip for Invoice No. OPR/202504/00009, which is dated April 18, 2025. Additionally, an auditors' certificate was attached, confirming the increase in the company's paid-up capital. This issuance is part of Kohinoor Spinning Mills Limited's strategic financial decisions to enhance its capital structure.

According to information available from the Pakistan Stock Exchange (PSX), Kohinoor Spinning Mills Limited's move is categorized under the textile sector, which is a significant segment on the exchange. The documentation was made available to ensure transparency and compliance with regulatory requirements.

The increase in capital through this issuance is expected to aid the company's operational and financial flexibility. The decision reflects Kohinoor Spinning Mills Limited's ongoing efforts to bolster its market position and financial health.