Lahore: In a significant development, Kohinoor Industries Limited held its Annual General Meeting on October 28, 2026, at its premises on Egerton Road in Lahore. The meeting, attended by the company's shareholders, resulted in the approval of several key resolutions.

The shareholders received and approved the Annual Audited Accounts for the fiscal year ending June 30, 2026. Alongside the financial statements, the Directors' and Auditors' Reports were also adopted without any noted objections from the attending members.

The appointment of M/s Rahman Sarfaraz Rahim Iqbal Rafiq & Co., a Lahore-based chartered accountancy firm, was confirmed for the next year. The Chief Executive of the company has been authorized to determine the remuneration for the newly appointed auditors.

Additionally, the shareholders ratified and approved the related party transactions conducted by the company during the financial years ending on June 30, 2025, and June 30, 2026. This decision follows their disclosure in the company's financial statements under Notes No. 34.1.

Furthermore, the Board of Directors received authorization to conduct related party transactions for the financial year ending June 30, 2027. This includes executing necessary documents or purchase orders on behalf of the company. Such transactions will be presented to shareholders at the next annual general meeting for ratification and approval.

According to information available from the Pakistan Stock Exchange (PSX), the resolutions passed reflect the company's ongoing commitment to transparency and compliance with regulatory and financial standards within the designated market category.