Karachi: Engro Fertilizers Limited has announced that the final cash dividend of Rs. 8 per share, equivalent to 80% for the fiscal year ending December 31, 2024, has been electronically credited to the designated bank accounts of its shareholders. This development took place on March 26, 2025, benefiting those shareholders who provided the necessary e-mandates with complete 24-digit IBAN numbers.
The company has adhered to the provisions outlined in the Companies Act, 2017, by withholding dividends from shareholders who have not submitted their IBAN numbers or a valid copy of their CNICs. This measure ensures compliance with regulatory requirements and safeguards the integrity of the dividend distribution process.
According to information available from the Pakistan Stock Exchange (PSX), the dividends were distributed in accordance with the designated market category, ensuring a systematic and organized crediting process. Shareholders are advised to verify their bank accounts to confirm receipt of the dividend.
Engro Fertilizers Limited has requested that TRE Certificate Holders of the Exchange be informed of this update to facilitate transparency and communication within the investment community. The company's approach underscores its commitment to maintaining effective shareholder relations and upholding corporate governance standards.