Kohinoor Textile Mills Schedules Board Meeting for Annual Accounts Review

Lahore: Kohinoor Textile Mills Limited has scheduled a Board of Directors meeting on September 11, 2024, to be held via video conferencing from the company’s registered office in Lahore. The primary agenda will be to review the annual audited accounts for the fiscal year ended June 30, 2024, and to consider any related entitlement declarations. According to information available from the Pakistan Stock Exchange (PSX), this meeting is critical for the financial oversight of the company’s yearly performance.

In alignment with regulatory requirements, Kohinoor Textile Mills has initiated a “Closed Period” from September 4, 2024, to September 11, 2024. During this period, directors, the CEO, and executives are restricted from trading shares of the company, either directly or indirectly. This measure is mandated under the Listing Regulations of the Pakistan Stock Exchange Limited and is intended to prevent any insider trading ahead of the public release of the fiscal details.

Stakeholders, including TRE Certificate Holders of the Exchange, have been duly informed about the closed period and the upcoming board meeting. The outcomes of this meeting are anticipated to provide crucial insights into the company’s financial health and future strategies.

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