Safe Mix Concrete Limited Credits Final Cash Dividend Amid Compliance Requirements

Karachi: Safe Mix Concrete Limited announced the crediting of its final cash dividend to ordinary shareholders. On November 7, 2025, the company confirmed that a 25% cash dividend, equivalent to Rs.2.5 per ordinary share for the fiscal year ending June 30, 2025, has been electronically deposited into the bank accounts of shareholders who provided valid identification and banking details.

The dividend was approved during the company's 19th Annual General Meeting on October 28, 2025. Safe Mix Concrete Limited emphasized the importance of compliance with Section 242 of the Companies Act, 2017, and the Companies (Distribution of Dividend) Regulations, 2017. As a result, dividends for shareholders lacking valid CNICs and IBANs have been withheld, in accordance with these regulations.

According to information available from the Pakistan Stock Exchange (PSX), shareholders who have not updated their CNIC and IBAN details are urged to contact the company's Share Registrar, THK Associates (Private) Limited, or their respective brokers. The registrar's office is located in Karachi, and shareholders are advised to submit complete and accurate details to ensure the release of withheld dividends.

Safe Mix Concrete Limited has taken steps to notify shareholders of the necessary compliance measures. Notices will be published in the Pakistan Observer and Roznama Dunya on November 8, 2025. Shareholders are encouraged to provide the required documentation to claim their dividends and ensure compliance with regulatory requirements.