Kasur: Kohinoor Mills Limited has approved its annual budget for the financial year 2024-25 during the Board of Directors meeting held on August 22, 2024, at its corporate offices located at 8 Kilometer Manga Raiwind Road, District Kasur.

The budget approval is a routine yet crucial part of the company's financial planning, ensuring that Kohinoor Mills remains aligned with its strategic goals for the upcoming year. According to information available from the Pakistan Stock Exchange (PSX), this move is significant as it sets the financial directives and allocations for the company’s operations, projects, and capital expenditures for 2024-25.

The Board’s decision is made in accordance with the Rule Book of the Pakistan Stock Exchange Limited and the applicable provisions of the Securities Act, 2015, underscoring the company’s compliance with regulatory requirements and its commitment to transparency in financial disclosures.

Members of the Exchange have been advised of this development, which is expected to influence the company's financial strategies and possibly impact its market performance in the coming year.