Karachi: Nimir Industrial Chemicals Limited has successfully transferred an interim cash dividend of Rs. 1.50 per share, equivalent to 15 percent, for the financial year ending June 30, 2025. The company's board of directors approved the dividend during a meeting held on April 24, 2025, and the disbursement was executed electronically by MCB Bank Limited on April 19, 2025.

Shareholders who provided their valid bank account details have received the dividend directly in their designated accounts. However, dividends for shareholders lacking valid CNIC and IBAN details have been withheld in compliance with Regulation 6 of the Companies (Distribution of Dividends) Regulations, 2017. The company has assured that these dividends will be processed in accordance with the applicable legal framework.

According to information available from the Pakistan Stock Exchange (PSX), the interim dividend, identified as Interim Cash Dividend (0 - 21), was credited on May 19, 2025, to shareholders who had submitted their valid identification and banking details. This action aligns with Section 242 of the Companies Act, 2017, and a subsequent notification by the Securities and Exchange Commission of Pakistan under SRO 1145(1)2017.

Physical shareholders are advised to contact the company's Shares Registrar's office in Lahore. Meanwhile, CDC shareholders should approach the Central Depository Company of Pakistan Limited or their respective brokers or participants to facilitate the release of their entitlements. The company's advertisements will be published in daily Observer Pakistan and daily Asas across Karachi, Lahore, and Islamabad on May 21, 2025, to further inform shareholders and TRE certificate holders of these developments.