Karachi: In a recent notice, Agriauto Industries Limited has announced that dividends declared by the company have remained unclaimed or unpaid for a period extending up to three years. This announcement is part of the company’s compliance with Section 244 of the Companies Act, 2017. The notice is scheduled to be published in prominent newspapers, the Dawn and Roznama Dunya, on Tuesday, April 15, 2025.

The company has taken steps to inform shareholders about the unclaimed dividends by sending notices via registered post to their last known addresses. These notices requested shareholders to submit their claims within a ninety-day period to the company’s share registrar. This initiative aligns with the regulatory requirements to ensure shareholders are duly informed and given an opportunity to claim their entitled dividends.

According to information available from the Pakistan Stock Exchange (PSX), the dividends have remained unclaimed despite the company’s efforts to reach out to the shareholders. The company has now made a final appeal to those who have not responded to the initial notice. Shareholders are urged to lodge their claims within ninety days from the date of the notice’s publication. Failure to do so will result in the company proceeding in accordance with the applicable law, which may lead to the forfeiture of their unclaimed dividends.

This notice serves as an important reminder for shareholders to check their records and ensure they claim any dividends owed to them. Agriauto Industries Limited, being a part of the designated market category of automotive parts manufacturing, is committed to fulfilling its obligations towards its shareholders and maintaining transparency in its financial dealings. The company has provided the necessary contact details for the share registrar, where claims can be submitted within the stipulated timeframe.