Security Papers Limited Distributes Final Cash Dividend Amid Compliance Requirements

Karachi: Security Papers Limited has announced the payment of its final cash dividend, amounting to Rs 9.00 per share, translating to a 90% dividend for the fiscal year ending June 30, 2026. The information, made public on October 2, 2026, reveals that the dividend has been credited electronically to the bank accounts of shareholders who have submitted the necessary identification and banking details.

Shareholders who have not provided their valid Computerized National Identity Card (CNIC) and complete bank details, including the International Bank Account Number (IBAN), have had their dividends withheld, in accordance with Section 242 of the Companies Act, 2017, and the Companies (Distribution of Dividend) Regulations, 2017. According to information available from the Pakistan Stock Exchange (PSX), the company has taken necessary steps to ensure compliance with these regulations.

The company has urged shareholders to contact FAMCO Share Registration Services (Pvt.) Limited, located in Karachi, or their respective Participants or CDC Investor Account Services Department, to submit the required documents. This process is essential for the release of the withheld dividends. The e-Dividend Mandate Form needed for this procedure is accessible on the company's official website.

This distribution marks a significant move in Security Papers Limited's efforts to maintain transparency and regulatory compliance, ensuring rightful distribution of dividends to its shareholders.