Pakgen Power Limited Declares 20% Interim Cash Dividend for Shareholders

Lahore: Pakgen Power Limited announced its financial results for the first quarter of 2025, revealing a 20% interim cash dividend for its shareholders, according to a statement released after the company's board meeting held on April 29, 2025.

The board of directors recommended a cash dividend of Rs. 2 per share for the year ending December 31, 2025. There were no bonus shares, right shares, or any other entitlements or price-sensitive information disclosed at this time.

The company's un-audited condensed interim financial statements for the first quarter ended March 31, 2025, were attached as annexures to the announcement. These documents include the statement of financial position, statement of profit or loss, statement of changes in equity, and statement of cash flows.

The entitlement for the dividend will be paid to shareholders whose names appear in the Register of Members by the close of business on May 9, 2025. The ordinary shares transfer books of Pakgen Power Limited will remain closed from May 10, 2025, to May 12, 2025, inclusive, for the purpose of finalizing the dividend entitlement. Any physical transfers or CDS transaction IDs received by May 9, 2025, at the CDC Share Registrar Services Limited in Karachi, will be deemed eligible for the interim cash dividend.

According to information available from the Pakistan Stock Exchange (PSX), Pakgen Power Limited operates in the designated market category of power generation. The company's quarterly un-audited condensed interim financial statements will be transmitted through PUCARS within the specified timeframe.