Lahore: Kohinoor Spinning Mills Limited announced the approval of its audited financial statements for the fiscal year ending June 30, 2026, during its Annual General Meeting held on October 28, 2026. The company's shareholders also appointed M/s Saeed Ul Hassan & Co. Chartered Accountants as auditors for the upcoming fiscal year ending June 30, 2027.

During the meeting, resolutions were passed to adopt the financial statements and appoint the new auditors. The financial report, along with the directors' reports, received approval and adoption from the shareholders. The appointment of the auditors was subject to terms and conditions that will be determined by the Chief Executive.

According to information available from the Pakistan Stock Exchange (PSX), these decisions were crucial for maintaining transparency and accountability in the company's financial dealings. The choice of auditors reflects the company's commitment to upholding high standards of financial scrutiny.

Kohinoor Spinning Mills Limited operates within the textile market category, a significant sector in Pakistan's economy. The decisions made during the AGM are expected to influence the company's operational and financial strategies for the coming year.