Kohinoor Textile reclassifies Rs16.775bn to capital reserve

16:00
June 13, 2024

June 13, 2024 (MLN): The Board of Directors of Kohinoor Textile Mills Limited (KTML) has decided to re-classify a sum of Rs16.775 Billion from the revenue reserve to separate capital reserve (un-distributable by way of dividend) to reflect the nature of these reserves more accurately.

KTML informed market participants of this development through a notice issued to the Pakistan Stock Exchange (PSX).

Over the years, the company has continued with its expansion strategy and has made significant investments that have enhanced shareholder enterprise value.

Accordingly, the Board noted that because of these reasons, the general / revenue reserve of the company has been utilized and is not entirely available for distribution as a dividend.

Current Classification	Re-classification of Capital Reserve (Not available for distribution by way of dividend)	Amount (Rupees in Thousand)
General Reserve and unappropriated profits	Capital Reserve against capacity expansion	15,000,000
General Reserve and unappropriated profits	Capital Reserve for Buy-Back of Shares	1,775,000
Total		16,775,000

Copyright Mettis Link News

Posted on: 2024-06-13T15:51:33+05:00

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PairID	Symbol	Bid	Ask	High	Low	Update
1	PKR	278.45000	278.65000	278.65000	278.45000	03:04 PM
2	EUR	1.06807	1.06809	1.06809	1.06807	08:39 AM
3	GBP	1.26520	1.26524	1.26524	1.26520	08:39 AM
4	CHF	0.89619	0.89624	0.89624	0.89619	08:39 AM
5	JPY	160.32000	160.33200	160.33200	160.32000	08:39 AM
6	CAD	1.36865	1.36878	1.36878	1.36865	08:39 AM
7	AUD	0.66583	0.66590	0.66590	0.66583	08:39 AM
8	INR	83.57100	83.58010	83.58010	83.57100	08:39 AM
9	SAR	3.75150	3.75170	3.75170	3.75150	05:39 PM
10	AED	3.67260	3.67360	3.67360	3.67260	05:02 PM
11	HKD	7.80830	7.80872	7.80872	7.80830	08:39 AM
12	CNH	7.30498	7.30510	7.30510	7.30498	08:39 AM
13	CNY	7.26290	7.26300	7.26300	7.26290	06:59 PM
14	THB	36.82000	36.87800	36.87800	36.82000	08:39 AM
15	MYR	4.71000	4.71500	4.71500	4.71000	05:15 AM
16	IDR	16,426.40000	16,434.30000	16,434.30000	16,426.40000	08:39 AM
17	SGD	1.35803	1.35812	1.35812	1.35803	08:39 AM
18	NZD	0.60903	0.60907	0.60907	0.60903	08:39 AM
19	MXN	18.27290	18.27880	18.27885	18.27290	08:39 AM
20	TRY	32.89890	32.90890	32.90890	32.89890	08:39 AM
21	SEK	10.58000	10.58160	10.58163	10.58003	08:39 AM
22	ZAR	18.18400	18.19210	18.19207	18.18403	08:39 AM
23	NOK	10.66260	10.66860	10.66860	10.66260	08:39 AM
24	DKK	6.98342	6.98401	6.98401	6.98342	08:39 AM
25	ARS	909.23200	909.24200	909.24220	909.23220	08:39 AM
26	BDT	115.84600	119.21600	119.21590	115.84584	07:19 AM
27	BHD	0.37695	0.37700	0.37700	0.37695	05:39 PM
28	BRL	5.50270	5.50570	5.50570	5.50270	08:39 AM
29	KRW	1,393.80000	1,394.14000	1,394.14000	1,393.80000	08:39 AM
30	KWD	0.30673	0.30683	0.30683	0.30673	05:39 PM
31	LKR	302.25700	308.81000	308.80990	302.25700	07:19 AM
32	OMR	0.38400	0.38500	0.38500	0.38400	11:30 AM
33	QAR	3.64450	3.64650	3.64650	3.64450	05:39 PM
34	RUB	87.11910	87.12760	87.12756	87.11913	08:39 AM
35	AFN	69.74090	71.61310	71.61312	69.74088	07:19 AM
36	AZN	1.70000	1.70000	1.70000	1.70000	07:51 AM
37	TMT	3.36000	3.66000	3.66000	3.36000	01:19 PM
38	MVR	15.26000	15.55000	15.55000	15.26000	01:25 PM
39	UZS	12,556.20000	12,621.70000	12,621.69550	12,556.16715	07:19 AM
40	PHP	58.93700	58.97000	58.97000	58.93700	08:39 AM
42	NGN	1,539.74000	1,540.74000	1,540.74000	1,539.74000	07:30 AM
43	KES	128.39000	130.39000	130.39000	128.39000	08:29 AM
44	AMD	388.33000	388.33000	388.33000	388.33000	08:06 AM
45	TWD	32.58880	32.61880	32.61880	32.58880	08:39 AM
46	XAU	2,317.55000	2,317.81000	2,317.81000	2,317.55000	08:39 AM
47	XAG	28.97020	28.97980	28.97980	28.97020	08:39 AM
48	XPT	1,001.56000	1,008.54000	1,008.53790	1,001.76000	05:39 PM
49	XPD	947.72600	957.95200	954.75000	952.25000	05:39 PM
2,120	VES	36.31510	36.33490	36.33488	36.31507	08:39 AM
2,212	UGX	3,673.45000	3,757.71000	3,757.70568	3,673.45219	07:19 AM
2,213	TZS	2,635.63000	2,635.66000	2,635.65900	2,635.62900	07:19 AM

Data is delayed by 20 minutes

EQUITY

Name	High	Current	Low	Change	% Change	Volume	Value	DateTime
KSE100	78,679.50	78,275.645	77,968.91	335.065	0.430	219,556,647.0	14,357,483,770.610	26/06/2024 04:12 PM
ALLSHR	49,576.94	49,314.224	49,094.19	67.162	0.136	465,357,307.0	19,654,968,891.520	26/06/2024 04:12 PM
KSE30	25,500.84	25,381.363	25,195.83	194.332	0.772	96,823,952.0	11,532,062,333.950	26/06/2024 04:12 PM
KMI30	127,494.28	126,331.935	126,154.51	148.730	0.118	76,122,554.0	7,129,533,396.890	26/06/2024 04:12 PM
KMIALLSHR	34,905.57	34,610.364	34,538.86	-46.259	-0.134	212,007,701.0	11,755,917,894.720	26/06/2024 04:12 PM
BKTi	20,638.15	20,460.265	20,423.04	-19.439	-0.095	8,964,219.0	994,311,639.070	26/06/2024 04:12 PM
OGTi	17,345.07	17,205.950	16,806.47	323.947	1.919	38,976,218.0	5,237,072,885.030	26/06/2024 04:12 PM

Data is delayed by 20 minutes

COMMODITIES

Name	Symbol	Last	High	Low	Change
BITCOIN FUTURES	BTC	61,475.0	62,495.0	61,135.0	-580.00
BRENT CRUDE	EB	85.4	85.8	84.8	0.35
RICHARDS BAY COAL MONTHLY	EF	112.0	0.0	0.0	3.20
ROTTERDAM COAL MONTHLY	ET	109.8	0.0	0.0	0.85
USD RBD PALM OLEIN	POL	832.5	832.5	832.5	0.00
CRUDE OIL – WTI	QCL	81.3	81.6	80.7	0.46
SUGAR #11 WORLD	SB	19.6	19.7	19.4	0.07

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