Kohinoor Mills to Approve Annual Budget at Upcoming Board Meeting

Kasur: Kohinoor Mills Limited has scheduled a board meeting for August 22, 2024, to consider and approve the company's annual budget for the fiscal year 2024-25. The designated market category for this story is corporate planning and governance. The board of directors will convene in District Kasur to finalize the financial planning for the upcoming year. In accordance with regulatory requirements, Kohinoor Mills has also instituted a "Closed Period" from August 15 to August 22, 2024. During this time, directors, the CEO, and executives are prohibited from trading the company's shares.

According to information available from the Pakistan Stock Exchange (PSX), this meeting is crucial as it sets the financial directives for the company and ensures compliance with market regulations. The announcement is significant for stakeholders and TRE Certificate Holders, who are kept informed on key corporate decisions that may impact the company's market performance and compliance status.