Karachi: Air Link Communication Limited has credited an interim cash dividend of Rs. 2.00 per share, equivalent to 20% for the fiscal year ending September 30, 2025. This move comes after the company's Board of Directors announced the dividend during a meeting held on October 22, 2025. The crediting process was completed on November 17, 2025, ensuring that shareholders received their dividends within the prescribed timelines.
In accordance with PSX Regulation 5.6.10, Air Link Communication Limited fulfilled its obligation to credit the interim cash dividend to the concerned shareholders within 10 working days. This stems from the closure of transfer of books, which determines the entitlement for dividends as outlined in Rule 3 of the Companies (Distribution of Dividends) Regulations, 2017, and Sections 242 and 243 of the Companies Act, 2017.
According to information available from the Pakistan Stock Exchange (PSX), Air Link Communication Limited promptly informed the Exchange as soon as the dividends were credited to the designated bank accounts of the shareholders. This compliance ensures that the company avoids any penalties that may arise from non-compliance with PSX regulations, specifically PSX Regulation 5.6.10f i. Should any default occur, a fine would be enforced as defined in PSX Regulation 5.21.1.
The actions by Air Link Communication Limited demonstrate adherence to the PSX Regulations, which operate independently of any potential actions or steps taken by other entities or authorities. This crediting of dividends is crucial for maintaining investor confidence and upholding regulatory standards within the market category of telecommunications.