Karachi: IGI Holdings has successfully credited an interim cash dividend of Rs. 2 per share, representing 20% for the fiscal year ending December 31, 2024, to its shareholders. This distribution occurred electronically on September 18, 2024, for shareholders who complied with the electronic mandate provisions.

The company efficiently transferred dividends to accounts tied to a 24-digit complete IBAN, provided by shareholders in line with modern financial practices. According to information available from the Pakistan Stock Exchange (PSX), this reflects IGI Holdings' commitment to leveraging technology for efficient shareholder communications and transactions.

However, dividends for shareholders lacking either a valid IBAN or an updated copy of their CINC as required by the Companies Act, 2017, have been withheld. This measure ensures compliance with regulatory requirements and secures the interests of the shareholders by safeguarding their dividends until proper documentation is submitted.

IGI Holdings has notified TRE Certificate Holders of the exchange about these updates, ensuring all regulatory and shareholder communications are transparently managed.