Lahore: Kohinoor Energy Limited has scheduled a Board of Directors meeting on September 19, 2024, to evaluate the company's financial position and consider possible entitlement declarations. According to information available from the Pakistan Stock Exchange (PSX), this crucial meeting will be conducted via a virtual platform.
The company has announced a mandatory closed period from September 12, 2024, to September 19, 2024, during which all directors, the CEO, and executives are prohibited from trading company shares. This restriction aligns with the PSX listing regulations to prevent insider trading around significant corporate announcements or decisions.
Shareholders and certificate holders have been notified to align with regulatory requirements and ensure transparency in corporate governance practices. The outcomes of this meeting could be pivotal in determining the future financial strategies of Kohinoor Energy Limited.