Lahore: Kohinoor Spinning Mills Limited announced a significant transaction in its shares executed by one of its top executives. Mohammad Naveed, the Executive Director of the company, has disclosed a share transaction under the Pakistan Stock Exchange regulation 5.6.4.

On May 2, 2025, Mohammad Naveed executed a transaction involving a gift of 25.00 million shares at a rate of 0.00, indicating a transfer without monetary exchange. This transaction has resulted in Mohammad Naveed's cumulative shareholding reaching 130.54 million shares, representing 29.96% of the company's total shares.

According to information available from the Pakistan Stock Exchange (PSX), the transaction was carried out in the 'Ready' market and was facilitated through the Central Depository Company (CDC) form of share certificates. The disclosure of interest is in compliance with PSX regulations, which mandate transparency in the trading activities of company insiders and substantial shareholders.

This transaction is noteworthy in the designated market category, reflecting the ongoing monitoring and regulatory requirements for significant shareholders within publicly listed companies.