Kohinoor Spinning Mills Limited Discloses Significant Share Transaction by Non-Executive Director

Karachi, In a recent disclosure, Kohinoor Spinning Mills Limited has reported a substantial share transaction executed by one of its Non-Executive Directors, Khawaja Mohammad Kaleem, on September 25, 2023. The details of this transaction are as follows:

Name of Person: Khawaja Mohammad Kaleem (Non-Executive Director)

Date of Transaction: September 25, 2023

Nature of Transaction: Gift Out

Number of Shares: 15,000,000

Rate: $0.00

Form of Share Certificates: CDC (Central Depository Company)

Market: Through CDC

This significant transaction raises questions about the implications it may have for Kohinoor Spinning Mills Limited and its shareholders. The company is expected to provide further information and clarification regarding the purpose and impact of this transaction in the coming days. Investors and stakeholders will be closely monitoring developments related to this share transaction.