Naeem Yousaf discloses substantial acquisition of 117.14 million shares in Kohinoor Spinning Mills

Material Disclosure

Naeem Yousaf disclosed that he was allotted 117,142,857 ordinary shares of Kohinoor Spinning Mills Limited at Rs. 7.00 per share (Rs. 5 face value plus Rs. 2 premium), taking his total holding to 117,145,857 shares, or 21.19% of the company’s issued voting shares.

Key Findings

The acquisition was made by way of allotment against loan in the books of Kohinoor Spinning Mills Limited.
The allotment was stated to be approved by SECP via letter No. CSD/CI/28/2005/386 dated April 21, 2026.
Naeem Yousaf's holding increased from 3,000 shares to 117,145,857 shares.
The disclosure states the stake now represents 21.19% of the company's total issued voting shares.
The document is dated May 19, 2026 and addressed to the Pakistan Stock Exchange and SECP.

Disclosure Details

Entities Involved

Kohinoor Spinning Mills Limited, Naeem Yousaf, Securities and Exchange Commission of Pakistan

Amount

117,142,857 ordinary shares acquired at Rs. 7.00 per share; total holding 117,145,857 shares (21.19%)

Approvals Required

SECP approval letter No. CSD/CI/28/2005/386 dated April 21, 2026

Impact

Material increase in the acquirer's ownership stake, resulting in a substantial shareholder position.

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Naeem Yousaf discloses substantial acquisition of 117.14 million shares in Kohinoor Spinning Mills

Key Findings

Disclosure Details

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