Kohinoor Spinning Mills Limited Announces Board Meeting Amid Closed Trading Period

Lahore: Kohinoor Spinning Mills Limited has scheduled a meeting of its Board of Directors for February 27, 2025, at 10:00 AM in Lahore. The purpose of this meeting is to review and consider the Half Yearly Accounts for the period ending December 31, 2024, with the potential declaration of any entitlement.

The company has instituted a Closed Period from February 20, 2025, to February 27, 2025, in compliance with section 5.6.1(d) of the Pakistan Stock Exchange (PSX) Regulations. During this period, no Director, Chief Executive Officer, or Executive of Kohinoor Spinning Mills Limited is permitted to deal in the company's shares, either directly or indirectly.

According to information available from the Pakistan Stock Exchange (PSX), the announcement of the Closed Period is a regulatory requirement designed to prevent any potential insider trading ahead of the financial disclosures. The company has communicated this information to the TRE Certificate Holders of the Exchange to ensure compliance with the regulations.

Kohinoor Spinning Mills Limited operates within the designated market category of textile manufacturing, with a focus on spinning operations. The results of the upcoming board meeting, including any financial declarations, are anticipated by stakeholders and investors, given the company's role in the textile sector.