Lahore: In a notable transaction reported on October 16, 2025, Kohinoor Spinning Mills Limited disclosed the execution of a significant share sale by one of its executives, in accordance with Pakistan Stock Exchange regulations.
Mohammad Naveed, the Executive Director of Kohinoor Spinning Mills Limited, executed a sale of 1,000,000 shares on October 15, 2025. The shares were sold at a rate of 7.09 per share in the ready market. This transaction brings Naveed’s cumulative shareholding to 93.04 million shares, representing a cumulative percentage of 21.35% in the company.
According to information available from the Pakistan Stock Exchange (PSX), the transaction undertaken by Mohammad Naveed is categorized as a very large or significant move, given the volume of shares involved.
This transaction is subject to the company’s internal regulations and the Securities Act, 2015, which mandates a holding period of over six months for transactions by directors, executives, or substantial shareholders. The company has ensured compliance with all necessary protocols, including the submission of transaction details to the board of directors and the Pakistan Stock Exchange’s UIN Management System.