Lahore: Packages Limited has announced the electronic credit of its final cash dividend for the fiscal year ending December 31, 2024. The dividend, calculated at Rs. 15 per share, represents a 150 percent return and has been credited directly to the bank accounts of eligible shareholders. This announcement was made in compliance with Clause 5.6.9(b) of the Pakistan Stock Exchange (PSX) Rule Book, with the notice scheduled for publication on May 13, 2025, in the Business Recorder and Nawa-i-Waqt newspapers.

According to information available from the Pakistan Stock Exchange (PSX), the dividend payment was processed for shareholders who provided valid Computerized National Identity Cards (CNICs) and International Bank Account Numbers (IBANs). However, dividends have been withheld for those who failed to submit the necessary information as mandated by the Companies Act, 2017, and the Companies (Distribution and Dividends) Regulations, 2017.

Shareholders holding physical shares are urged to submit their details to the company's share registrar, FAMCO Share Registration Services (Private) Limited, via the electronic credit mandate form available on the company's website. For those holding shares in electronic form with the Central Depository Company (CDC), necessary details should be provided to CDC Investor Account Services or CDS participants. These steps are essential for processing withheld dividend payments.

Packages Limited operates in the designated market category of the paper and packaging industry and continues to align its operations with regulatory requirements to ensure smooth financial transactions for its shareholders.