Kasur: Kohinoor Mills Limited, a prominent textile manufacturer, has scheduled a Board of Directors meeting for October 24, 2024, at its registered office in Kasur. The main agenda for this gathering will be to review and approve the First Quarterly Accounts for the fiscal period that concluded on September 30, 2024. Additionally, the board will discuss the potential declaration of entitlements.

This significant corporate event coincides with the enforcement of a “Closed Period” as mandated by Clause 5.6.4 of the Rule Book of the Pakistan Stock Exchange (PSX). The closed period extends from October 17, 2024, to October 24, 2024, during which no director, CEO, or executive is permitted to trade company shares, either directly or indirectly.

According to information available from the Pakistan Stock Exchange (PSX), the announcement underscores the company’s adherence to regulatory requirements and its commitment to transparent governance. This protocol aims to prevent insider trading and ensure that all shareholders are treated equitably in relation to significant corporate disclosures.

The forthcoming meeting and its outcomes are keenly awaited by TRE Certificate Holders and investors, reflecting the company’s ongoing efforts to maintain robust financial health and shareholder value amidst the competitive landscape of the textile industry.