Karachi: Shareholders of Nimir Industrial Chemicals Limited received an interim cash dividend for the financial year ending June 30, 2025, following approval from the company's Board of Directors. As per the board's resolution on February 13, 2025, a dividend of Rs. 2.0 per share, representing a 20% payout, was distributed electronically to shareholders with valid bank accounts on March 14, 2025, facilitated by MCB Bank Limited.

The transfer of the dividend aligns with Section 242 of the Companies Act, 2017, and the Securities and Exchange Commission of Pakistan's notification SRO 1145(1)2017. Shareholders who did not provide complete documentation, such as a valid CNIC and IBAN, have had their dividends withheld. This measure complies with Regulation 6 of the Companies (Distribution of Dividends) Regulations, 2017. These withheld dividends will be managed according to the relevant laws and regulations.

According to information available from the Pakistan Stock Exchange (PSX), Nimir Industrial Chemicals Limited's interim dividend announcement has been communicated to TRE certificate holders. The company has taken steps to inform its shareholders through advertisements scheduled for publication on March 15, 2025, in the daily Observer Pakistan and daily Asas in Karachi, Lahore, and Islamabad.

Shareholders who have not yet provided the necessary documentation are advised to contact the company's Shares Registrar's office, Mis Corplink (Pvt.) Limited, in Lahore, or the Central Depository Company of Pakistan Limited for CDC shareholders. This action is necessary to ensure the release of their entitled dividends.