Lahore: Kohinoor Spinning Mills Limited has issued a formal clarification in response to circulating social media rumors suggesting the Federal Board of Revenue (FBR) has shut down its operations. The Company, in a statement dated October 2, 2026, emphasized that these claims are "fake, baseless and misleading," and assured that no such closure has occurred.

The Company has confirmed compliance with Section 96 of the Securities Act, 2015, and Clause 5.6.1 of the PSX Rule Book, explicitly stating that it has successfully implemented the FBR's Invoice Integration System. Kohinoor Spinning Mills Limited is currently engaged in the trading of yarn only. According to information available from the Pakistan Stock Exchange (PSX), the Company's operations continue uninterrupted, and it remains committed to its shareholders and investors.

The Company has expressed serious concern over the potential damage that such misleading information could cause to its reputation and investor relations. Kohinoor Spinning Mills has reserved the right to involve the National Cyber Crime Investigation Agency (NCCIA) and pursue legal action under the Prevention of Electronic Crimes Act, 2016, against individuals responsible for disseminating or creating the false news.

Shareholders, investors, and the general public are advised to disregard any unverified information and seek confirmation from the Company Secretary for any news related to the Company, particularly when sourced from social media platforms.