Bannu Woollen Mills Limited Board Approves Annual Budget for FY2025

Rawalpindi: The Board of Directors of Bannu Woollen Mills Limited convened on August 03, 2024, to approve the company’s annual budget for the financial year ending June 30, 2025. The meeting, which was not focused on financial results, resulted in the confirmation of the fiscal plan without any material or price-sensitive disclosures.

The company has confirmed that the outcomes of this board meeting do not necessitate an immediate public release nor are there any impacts expected on the market price of the company’s shares. According to information available from the Pakistan Stock Exchange (PSX), this routine approval is part of standard corporate governance practices, ensuring transparency and accountability in financial planning.

The management has also advised the TRE Certificate Holders of the Exchange regarding the board’s approval, adhering to regulatory requirements and corporate standards.

The post Bannu Woollen Mills Limited Board Approves Annual Budget for FY2025 appeared first on .