Lahore: Kohinoor Energy Limited has officially notified the Pakistan Stock Exchange (PSX) that it has distributed an interim cash dividend of Rs. 7 per share, translating to a 7.0% annual rate, for the fiscal year ending on June 30, 2025. This payment was deposited into shareholders' designated bank accounts as of October 2, 2024.

The Lahore-based energy company, located at the PEL Factory on Ferozepur Road, made this announcement following a board of directors meeting on September 19, 2024. The dividend payout is part of the company's commitment to deliver returns to its shareholders in accordance with PSX regulations and the Companies Act of 2017.

According to information available from the Pakistan Stock Exchange (PSX), the notification stipulated that the dividend payment is in line with the regulatory framework, which requires such distributions to be made within ten working days following the book closure for dividend entitlement.

The company's compliance with PSX Regulation 5.6.10 is crucial, ensuring that any deviation or failure in adhering to these standards is promptly communicated to the exchange, thereby maintaining transparency and regulatory compliance.

This financial move by Kohinoor Energy underscores its ongoing efforts to ensure value to its shareholders while adhering to the stringent regulatory requirements set forth by financial authorities. The company has made it clear that these distributions are a fundamental aspect of their financial operations, designed to maintain trust and satisfaction among investors.