Karachi: J.K. Spinning Mills Limited has disclosed a series of share transactions executed by its directors and substantial shareholders. These transactions, dated December 8, 2025, were carried out in compliance with PSX Regulation 5.5.4, and involve the gifting of shares among key figures within the company.

The transfers involve notable company figures, including Farhat Jehan, a non-executive director, who executed an out gift transaction involving 5,398,696 shares. Following this transfer, Jehan’s cumulative shareholding stands at 12,099,031 shares, representing 11.82% of the company. Similarly, Faiq Jawed, an executive director, gifted 2,548,065 shares, bringing his total holdings to 32,197,831, which constitutes 31.47% of the company’s shares.

In contrast, Sadia Irfan, a substantial shareholder, received 3,541,321 shares as a gift, adjusting her cumulative holdings to 12,099,031 shares, equivalent to 11.82% of the company’s total. Sadaf Aamir Arshad, another non-executive director, also received a gift of 3,537,602 shares, resulting in a similar cumulative shareholding of 12,099,031 shares, which is 11.82% of the company.

Additionally, Shaig Jawed, an executive director, benefited from a gift of 863,838 shares, increasing his total to 30,246,737 shares, or 29.56% of the company’s stock.

According to information available from the Pakistan Stock Exchange (PSX), these transactions are part of a structured exchange among the company’s leadership, adhering to regulatory requirements. The company has ensured that these share transfers comply with the requisite disclosure and holding period stipulations outlined in the Securities Act of 2015.

This series of transactions will be presented by the Company Secretary at the forthcoming Board of Directors meeting, as mandated. The company will also update its records in the UIN Management System to reflect these changes in shareholding.