Kohinoor Power Company Limited to Review First Quarter Financials in Upcoming Board Meeting

Lahore: Kohinoor Power Company Limited has announced a board meeting set for October 30, 2024, to discuss the unaudited quarterly accounts for the period ending September 30, 2024.

The meeting will convene in Lahore, where directors will evaluate the company’s financial performance for the first quarter of the fiscal year. This regular financial review is part of the company’s commitment to maintaining transparent and effective financial oversight.

In accordance with the regulations mandated by the Pakistan Stock Exchange (PSX), Kohinoor Power has initiated a closed period starting from October 24, 2024, until the day of the meeting, October 30, 2024. During this time, no director, CEO, or executive is permitted to buy or sell company shares. According to information available from the Pakistan Stock Exchange (PSX), this policy is designed to prevent insider trading and promote equitable information sharing among shareholders and stakeholders.

The company has also issued notifications to TRE Certificate Holders of the Exchange to ensure compliance with the closed period rules and keep all parties informed about the upcoming financial disclosures.

This board meeting is crucial for Kohinoor Power as it aims to align its operational strategies with the financial results of the quarter, thereby supporting its objectives of growth and shareholder value enhancement.

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