⚡ Flash Summary

The announcement from Kohinoor Spinning Mills Limited (KOSM) details the resolutions passed at their Annual General Meeting (AGM) held on October 28, 2025. The primary resolutions included the approval of the audited financial statements for the year ending June 30, 2025, and the appointment of Saeed Ul Hassan & Co. as auditors for the fiscal year ending June 30, 2026. The approval of the financial statements indicates that shareholders are satisfied with the company’s performance during the period. The reappointment of auditors ensures continuity and oversight of the company’s financial reporting.

📌 Key Takeaways

• ✅ AGM held on October 28, 2025.
• ✅ Audited financial statements for the year ended June 30, 2025, approved.
• ✅ Reports of directors and auditors adopted.
• ✅ Saeed Ul Hassan & Co. appointed as auditors.
• 🗓️ Auditors appointed for the year ending June 30, 2026.
• 🤝 Terms and conditions to be approved by the Chief Executive.
• 📜 Resolutions passed as ordinary resolutions.
• 🏢 Kohinoor Spinning Mills Limited in compliance with regulatory requirements by holding AGM.
• 🧾 Certified true copy confirms authenticity of resolutions.
• 👤 Company Secretary certified the resolutions.
• 🏦 No specific financial figures mentioned, but approval indicates satisfaction with the financial performance for FY2025.
• 🔄 Auditors’ appointment maintains continuity in financial oversight.
• 👍 Approval of financial statements usually indicates confidence in company management.
• 📍 Lahore based company focused on Spinning Mills operations.

🎯 Investment Thesis

Based on the limited information in this announcement, a HOLD recommendation is appropriate. The approval of financial statements and appointment of auditors are routine corporate governance matters and do not provide a basis for a BUY or SELL signal. A more informed investment decision requires access to the company’s financial statements, industry analysis, and detailed risk assessment. A price target and time horizon cannot be determined without further financial information.