Karachi: Shahmurad Sugar Mills Limited's Board of Directors has announced an interim cash dividend for the financial period ending June 30, 2025, following a meeting held on July 23, 2025. The board has recommended a cash dividend of Rs. 7.00 per share, maintaining the payout at 70%. This dividend is in line with the interim dividends previously disbursed, which also stood at Rs. 7.00 per share or 70%.
In terms of bonus shares, the board has decided not to issue any additional bonus shares, keeping the distribution at 0% for the period ended June 30, 2025. This decision follows the interim bonus shares that had already been issued at a rate of 0%.
Similarly, Shahmurad Sugar Mills Limited's board has resolved not to issue any right shares. The entitlement remains at 0% for every share held, with no discount or premium applied per share. According to the board's declaration, the entitlement of right shares will not be applicable to any bonus shares, as previously stated.
The company has not announced any other entitlements or corporate actions and has no other price-sensitive information to disclose at this time. The shares transfer book will be closed from August 6, 2025, to August 8, 2025, inclusive. Transfers processed at the company's registrar office in Karachi by the close of business on August 5, 2025, will be considered timely for the purposes of transfer and entitlement.
Shahmurad Sugar Mills Limited will transmit its quarterly report for the period ending June 30, 2025, through the Pakistan Unified Corporate Action Reporting System (PUCARS) within the specified timeframe, ensuring compliance with reporting obligations. According to information available from the Pakistan Stock Exchange (PSX), these declarations are part of the company's efforts to maintain transparency and fulfill its financial commitments.