Karachi, Kohinoor Mills Limited has released a notice regarding its upcoming 36th Annual General Meeting (AGM) in accordance with Clause 5.6.9 (b) of the Rule Book of Pakistan Stock Exchange Limited. The AGM is scheduled to take place on October 26, 2023, and will address key matters for the company.

Ordinary Business:

Approval of Annual Audited Financial Statements: The AGM will commence with the reception, consideration, and adoption of the Annual Audited Financial Statements of Kohinoor Mills Limited for the fiscal year ending on June 30, 2023. This will also include the presentation of the Chairman's Review, Directors' reports, and Auditors' reports.

Approval of Final Cash Dividend: Shareholders will be asked to approve the final cash dividend for the fiscal year ending on June 30, 2023. The proposed dividend stands at Rs. 3.00 per ordinary share of Rs. 10/- each, representing 30.00% of the recommended dividend by the Board of Directors.

Appointment of Auditors: The AGM will also involve the appointment of auditors for the financial year ending on June 30, 2024, along with the determination of their remuneration.

Any Other Business: The agenda concludes with a provision for the transaction of any other business of the company with the permission of the Chair, allowing flexibility for addressing additional matters of importance.

Kohinoor Mills Limited encourages active participation from its shareholders in the AGM, which serves as a platform to review the company's financial performance, governance, and future strategies. The company remains committed to transparency and accountability in its operations.