Lahore: Jubilee Spinning & Weaving Mills Limited has disclosed a significant transaction involving the transfer of 42,859 shares to Mr. Usman Shafi, a substantial shareholder. This transaction was executed through a gift deed from Mrs. Zahida Shaukat, as per the company's official report dated August 18, 2026.

The shares were transferred on August 13, 2026, and are held in electronic form with the Central Depository Company (CDC). The transaction, which is part of the company's compliance with the Rule Book and the Securities Act, 2015, highlights the continuing internal reallocation of shares within the company.

According to information available from the Pakistan Stock Exchange (PSX), Jubilee Spinning & Weaving Mills Limited is actively engaging in maintaining transparency and adherence to regulatory requirements. The company's registered office is located at 503-E, Johar Town, Lahore. Further inquiries regarding this transaction can be directed to Mr. M. Zeeshan Saleem, the Company Secretary, at the provided contact information.

This development is part of the larger market category of textile and weaving, wherein the company operates, reflecting the ongoing dynamics of shareholder compositions within the industry.