Karachi, Kohinoor Energy Limited, in its Board of Directors meeting held on August 31, 2023, has taken significant financial decisions for the upcoming fiscal year, FY 2023-24.

The company's board approved the Annual Financial Budget for the financial year 2023-2024, demonstrating a commitment to sound financial planning and transparency in its operations.

In addition to the budget approval, Kohinoor Energy Limited has declared an Interim Cash Dividend for the financial year 2023-2024. Shareholders are set to receive Rs. 4 per share, representing a substantial 40% dividend rate. This dividend declaration reflects the company's dedication to delivering value to its investors.

To facilitate the dividend distribution process, the Share Transfer Books of the company will remain closed from September 12, 2023, to September 13, 2023, inclusive. This measure ensures an organized and efficient distribution of dividends to eligible shareholders.

Kohinoor Energy Limited's proactive approach to financial planning and commitment to shareholders' interests highlight its strong corporate governance practices and dedication to long-term sustainability.