Karachi: IGI Holdings Limited has announced an interim cash dividend of Rs. 2.50 per share, equating to 25%, for the fiscal year ending December 31, 2026. The declaration, made by the Board of Directors during a meeting on August 25, 2026, was communicated to shareholders through a notice published on September 14, 2026, in the Business Recorder and Nawa-i-Waqt newspapers.
The interim dividend, labeled as D-54, was credited on September 11, 2026, directly into the designated bank accounts of entitled shareholders. Eligibility for this credit required shareholders to furnish valid Computerized National Identity Cards (CNICs) and International Bank Account Numbers (IBANs) with complete details.
However, IGI Holdings Limited has withheld the dividend for those shareholders who have not provided the necessary CNIC numbers or bank account details. This measure aligns with the Companies Act, 2017, and Companies (Distribution and Dividends) Regulations, 2017.
According to information available from the Pakistan Stock Exchange (PSX), shareholders holding physical shares are urged to submit the necessary details to the Company's Share Registrar, FAMCO Share Registration Services (Private) Limited, through an electronic credit mandate form available on the Company's website. Meanwhile, those with shares in electronic form via the Central Depository Company (CDC) must provide the requisite information to CDC Investor Account Services or CDS participants.
This announcement is part of IGI Holdings Limited's ongoing efforts to ensure compliance with regulatory requirements and to facilitate the seamless distribution of dividends to its shareholders.