Lahore: Kohinoor Textile Mills Limited announced its financial results for the third quarter ending March 31, 2025, indicating no dividends or bonuses for its shareholders. The announcement was made following a Board of Directors meeting held on April 23, 2025, at the company's registered office in Lahore, conducted via video conferencing.
The company reported that no cash dividends, bonus shares, or right shares would be distributed for the third quarter. Additionally, there were no other corporate entitlements or price-sensitive information disclosed. This decision aligns with the requirements of Section 96 and 131 of the Securities Act, 2015.
According to information available from the Pakistan Stock Exchange (PSX), Kohinoor Textile Mills Limited's decision not to offer any financial incentives for the specified period reflects its current financial strategy. The company has yet to provide further details or commentary on the rationale behind this decision.
The quarterly report for the period ending March 31, 2025, will be made available through the Pakistan Unified Corporate Action Reporting System (PUCARS) within the specified timeframe, ensuring compliance with regulatory requirements. The textile sector remains a critical component of the local economy, with Kohinoor Textile Mills being a notable player within this category.