Exide Pakistan Credits 100% Cash Dividend to Shareholders’ Accounts

Karachi: Exide Pakistan Limited has announced the electronic crediting of its 100% cash dividend to shareholders' bank accounts for the fiscal year ending March 31, 2025. The dividend, distributed at a rate of Rs. 10 per share, was credited on August 8, 2025, to those shareholders who had previously provided their e-mandates with complete 24-digit IBAN numbers.

The company emphasized compliance with the Companies Act, 2017, and the Companies (Distribution of Dividends) Regulations, 2017, in withholding dividends from shareholders who failed to provide accurate or complete bank account details, or who did not submit a valid Computerized National Identity Card (CNIC). Affected shareholders are advised to visit the company's share registrars, M/s. THK Associates (Pvt) Limited, located at Plot No. 32-C, Jami Commercial Street - 2, D.H.A., Phase VII, Karachi, with the necessary documentation for the release of their dividends.

According to information available from the Pakistan Stock Exchange (PSX), Exide Pakistan Limited operates within the designated market category and maintains a consistent regulatory compliance framework. The company's approach towards dividend distribution underscores its commitment to transparency and adherence to statutory requirements.