Kohinoor Spinning Mills Limited Discloses Director’s Gift Transaction of 2,048,000 Shares

Karachi, Kohinoor Spinning Mills Limited, a prominent textile company, has disclosed a significant transaction involving one of its Non-Executive Directors. Mr. Khawaja Mohammad Tanveer, a member of the company’s board, executed a gift transaction on June 21, 2023, involving a substantial number of shares.

According to the details provided, Mr. Khawaja Mohammad Tanveer gifted 2,048,000 shares of Kohinoor Spinning Mills Limited. The shares were transferred at a rate of PKR 5.00 per share. The transaction was executed through the Central Depository Company (CDC), with the shares held in electronic form as CDC securities.

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