Karachi: Hoechst Pakistan Limited (formerly known as Sanofi-Aventis Pakistan Limited) has announced the successful crediting of its final cash dividend for the fiscal year ended December 31, 2024, according to a notice prepared for publication in major newspapers, including Business Recorder and Nawa-i-Waqt, on April 15, 2025. The final cash dividend amounts to Rs. 110.00 per share, equivalent to 1,100%, and was credited on April 11, 2025, via electronic transfer to the bank accounts of eligible shareholders.

This dividend is in addition to an interim cash dividend of Rs. 25.00 per share, or 250%, which was previously disbursed to shareholders earlier in the year. According to information available from the Pakistan Stock Exchange (PSX), the company has adhered to the regulatory frameworks set by the Companies Act, 2017, and Companies (Distribution and Dividends) Regulations, 2017, by withholding dividends from shareholders who did not provide valid Computerized National Identity Cards (CNICs) and/or complete bank account details, including International Bank Account Numbers (IBANs).

Shareholders who hold physical shares have been advised to submit the necessary information to the company's Share Registrar, FAMCO Share Registration Services (Private) Limited, by filling out an electronic credit mandate form available on the company's official website. Shareholders with electronic shares managed by the Central Depository Company (CDC) are instructed to provide their details to CDC Investor Account Services or CDS participants.

Additionally, shareholders can track the status of their dividends through the Centralized Cash Dividend Register (CCDR) by registering on the CDC's e-Services Web Portal (https://csp.cdcaccess.com.pk/#). This portal provides comprehensive information regarding paid, unpaid, or withheld dividends, including details on tax and Zakat deductions.

For any inquiries related to dividends or other share-related matters, shareholders are encouraged to contact FAMCO Share Registration Services (Pvt.) Limited via phone (PABX No. 021-34380101-05, 34384621-23 Ext. 108 & 112) or email at [email protected]. Shareholders are also reminded to promptly update any changes in their postal/email address or IBAN with the Share Registrar or CDC, as applicable, to ensure smooth processing of future dividend payments.