Karachi: Al-Abbas Sugar Mills Limited has issued a final notice to shareholders regarding unclaimed dividends, as revealed in an announcement dated August 6, 2025. This notice precedes the publication of related advertisements in the "The Nation" and "Dunya" newspapers, set for August 7, 2025. The notification highlights that dividends declared by the company have gone unclaimed or unpaid for three years from the date they became due.

According to the company's statement, registered post notices were sent to the last known addresses of shareholders, urging them to submit claims within three months. However, no responses have been received. Consequently, Al-Abbas Sugar Mills is inviting shareholders to lodge their claims within 90 days. Failure to do so will result in the company depositing the unclaimed amounts with the Federal Government, in accordance with sub-section (2) of section 244 of the Act.

The market category for this notice is classified under the designated market category. According to information available from the Pakistan Stock Exchange (PSX), this procedure aligns with regulatory requirements for handling unclaimed dividends.

The company has directed shareholders to their website for further details on the unclaimed dividends, reinforcing the importance of timely claims to avoid forfeiture of the dividend amounts.