Kohinoor Power Company Limited to Review Annual Audited Accounts in Upcoming Board Meeting

Lahore: Kohinoor Power Company Limited has scheduled a significant board meeting for September 30, 2024, where the directors will review and consider the Annual Audited Accounts for the fiscal year ending June 30, 2024. The meeting, to be held in Lahore, will primarily focus on the potential declaration of entitlements to shareholders.

According to the notification issued by the company, a “Closed Period” has been declared from September 24, 2024, to September 30, 2024. During this period, all directors, the CEO, and executives are prohibited from buying or selling company shares, in compliance with regulation 5.6.1(d) of the Pakistan Stock Exchange (PSX) guidelines. This restriction is designed to prevent any insider trading or conflicts of interest ahead of the disclosure of the fiscal details.

According to information available from the Pakistan Stock Exchange (PSX), the purpose of this meeting is critical for determining the financial health and future dividend policies of Kohinoor Power Company Limited. This period also serves as a precautionary measure to ensure transparency and fairness in the handling of proprietary information.

The company has communicated this information to the TRE Certificate Holders of the Exchange to ensure all parties are informed and compliant with the trading restrictions imposed during the Closed Period.

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