Karachi: National Foods Limited has announced the electronic crediting of its Second Interim Cash Dividend for the fiscal year ending on June 30, 2025. The dividend, set at Rs. 2.00 per share or 40%, was credited to shareholders' designated bank accounts on May 16, 2025. This electronic disbursement was part of the company's efforts to ensure efficient and timely delivery of dividends to its shareholders.

The dividend credit was made to those shareholders who had completed the necessary requirements by providing an e-mandate, including a 24-digit International Bank Account Number (IBAN) and a valid Computerized National Identity Card (CNIC). Shareholders who failed to provide this information had their dividends withheld in accordance with the Companies Act, 2017.

According to information available from the Pakistan Stock Exchange (PSX), the announcement and credit of this dividend were communicated to shareholders through published notices in Business Recorder (English) and Nawa-i-Waqt (Urdu) on May 17, 2025. These notices were part of the company's compliance with the regulations governing corporate disclosures and investor communications.

National Foods Limited has reminded its shareholders of the mandatory requirement to provide complete bank details, including a valid CNIC and IBAN, to ensure compliance with the Companies Act 2017 and Companies Regulations 2024. This reminder is part of the company's ongoing efforts to maintain accurate and up-to-date shareholder information, which is crucial for the seamless execution of dividend payments and adherence to legal requirements.

Shareholders who have not yet submitted their valid CNICs or National Tax Number (NTN) certificates are urged to do so promptly to avoid any future inconvenience or non-compliance issues. Those holding shares in dematerialized form are advised to submit the necessary dividend bank mandate forms to their respective account services at the Central Depository Company (CDC).

The company has emphasized that corporate entities are required to provide their NTN and Folio Number along with the authorized representative's CNIC copy to facilitate the dividend credit process. National Foods Limited continues to prioritize compliance and shareholder satisfaction in its financial operations.