Lahore: Kohinoor Textile Mills Limited has announced the sub-division of its ordinary shares following a Special Resolution passed at an Extraordinary General Meeting held on August 15, 2025. The decision will see the face value of ordinary shares reduced from Rs.10 to Rs.2. As a result, shareholders will receive five ordinary shares of Rs.2 each for every existing share held at Rs.10.
The Share Transfer Books of the company will remain closed on Saturday, September 13, 2025, for the purpose of determining shareholders’ entitlements to the sub-divided shares. Shareholders whose names appear in the Register of Members as of the close of business on Friday, September 12, 2025, will be eligible to receive the new shares.
According to information available from the Pakistan Stock Exchange (PSX), all existing physical share certificates will be cancelled as of September 12, 2025. Shareholders holding these physical shares are requested to surrender their original certificates, along with verified transfer deeds and a certified copy of their CNIC, to the company’s Share Registrar, M/s. Vision Consulting Limited, located at 5-C, LDA Flats, 2nd Floor, Lawrence Road, Lahore, after September 12, 2025, for the issuance of new certificates.
This move aligns with clause 5.6.9(b) of the Listing Regulations of the Pakistan Stock Exchange, and the notice has been sent to the Exchange ahead of its publication in newspapers. The Textile sector, to which Kohinoor Textile Mills Limited belongs, witnesses this structural adjustment as part of its ongoing shareholder engagement strategy.