Karachi, IGI Holdings Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Lahore on August 25, 2021.
The agenda of the meeting was discussion of Unconsolidated and consolidated profit and loss account for quarter ended June 30, 2021 which portrayed a profit of Rs. 60,532 and Rs. 554,655 with earnings per share 0.42 and 4.45 basic and diluted respectively.
Further, 20%payment of cash dividend, bonus shares and right shares was agreed.
Furthermore, the share transfer books of the company will remain closed from September 07, 2021 to September 13, 2021 (both days inclusive).
IGI Holdings Limited is a Packages Group Company, was incorporated in 1953 as a public listed company. The registered office and head office of the Company is situated in Clifton, Karachi.
The objects of the Company include to act as an investment holding company and for that purpose invest, acquire, sell and hold the securities and financial instruments subject to compliance by relevant laws prevailing in Pakistan from time to time.
The total number of shares are 142,630,550. The Earnings per shares of the Company is 6.62 in 2020 which was 6.29 in 2019. Their Profit after Taxation is 944,328,000 in 2020, which was 896,729,000 in 2019.