Karachi, Kohinoor Energy Limited has scheduled a crucial meeting of its Board of Directors for September 21, 2023, in Lahore. During this meeting, the Board will deliberate on and consider the annual accounts of the company for the financial year ending June 30, 2023.
In compliance with PSX Regulations, the company has declared a "Closed Period" from September 14, 2023, to September 21, 2023, both days inclusive. During this period, Directors, the Chief Executive Officer, and executives of Kohinoor Energy Limited will be restricted from dealing in the shares of the company in any capacity.
The declaration of the Closed Period aligns with regulatory requirements and serves to ensure transparency and fairness in the market. It aims to prevent any potential misuse of information that could impact the share price while maintaining confidentiality.
Following the Board's review of the annual accounts, the company will provide updates and insights into its financial performance and strategic direction. Shareholders and stakeholders are encouraged to follow official communication channels for developments following the meeting.