Karachi: Saif Power Limited announced the successful crediting of an interim cash dividend of Rs. 1 per share, equivalent to 10% for the fiscal year ending December 31, 2025, into the designated bank accounts of its shareholders. The crediting took place on November 14, 2025, following the decision made by the company’s Board of Directors during their meeting on October 28, 2025.
According to information available from the Pakistan Stock Exchange (PSX), Saif Power Limited adhered to PSX Regulation 5.6.10. This regulation mandates that companies must credit interim cash dividends to shareholders within 10 working days from the commencement of the book closure period, as outlined in the Companies (Distribution of Dividends) Regulations, 2017. Compliance ensures that shareholders receive timely updates, with the exchange being informed immediately once the dividend has been credited.
Failure to meet these regulatory requirements results in a fine, as specified in PSX Regulation 5.21.1. The regulations are enforced without prejudice to any actions or steps that may be taken by other authorities or individuals.
Saif Power Limited’s adherence to these guidelines underlines its commitment to regulatory compliance and shareholder transparency, as categorized under the designated market category.