KARACHI: Kohinoor Energy Limited (KEL) has announced that its Board of Directors has approved the company’s Annual Financial Budget for the fiscal year 2026-27, marking an important step in its financial planning for the upcoming year.
According to a notification submitted to the Pakistan Stock Exchange (PSX), the Board approved the budget during a meeting held on July 29, 2026, at the company’s plant site near Tablighi Ijtima, Raiwind Bypass, Lahore. The meeting was conducted via MS Teams and commenced at 12:00 noon.
The company informed the exchange that the approved budget outlines Kohinoor Energy’s financial framework for FY2026-27. While the disclosure confirms the Board’s approval, it does not provide specific financial projections, revenue targets, expenditure estimates, or capital investment plans.
Kohinoor Energy requested the Pakistan Stock Exchange to notify all TRE Certificate Holders of the Board’s decision in accordance with regulatory requirements. A copy of the notification was also forwarded to the Securities and Exchange Commission of Pakistan (SECP).
The approval of the annual financial budget reflects the company’s commitment to structured financial planning and corporate governance as it prepares for the new fiscal year. Investors and market participants may look forward to future disclosures for additional details regarding the company’s operational priorities and financial performance during FY2026-27.
