Karachi: Dawood Lawrencepur Limited has announced a 100% interim cash dividend for its shareholders for the third quarter ending September 30, 2026, as per the recent meeting of the Board of Directors held on October 29, 2026. The dividend amounts to PKR 1 per share and underscores the company's financial performance during the specified period.

The company has set November 11, 2026, as the book closure date, with shareholders needing to ensure that transfers are completed by the close of business on November 10, 2026, with CDC Share Registrar Services Limited in Karachi. Shareholders failing to complete transfers by this date will not be eligible for the dividend payout.

According to information available from the Pakistan Stock Exchange (PSX), Dawood Lawrencepur Limited remains committed to complying with all regulatory requirements, including the deduction of income tax under Section 150 of the Income Tax Ordinance, 2001. Shareholders not appearing in the Active Tax-payers List (ATL) are urged to update their status to avoid higher withholding tax on dividends.

The company also emphasizes the importance of electronic transactions, requiring dividends to be disbursed via the e-Dividend system in compliance with Section 242 of the Companies Act, 2017. Shareholders must provide accurate bank details to facilitate this process.

In line with Section 72 of the Companies Act, 2017, shareholders are encouraged to convert their physical shares into electronic form to ensure secure and efficient management of their holdings. Dawood Lawrencepur Limited also reiterates the mandatory submission of valid CNIC copies for shareholders to remain compliant with company requirements.

This announcement reflects the company's ongoing efforts to streamline shareholder transactions and ensure compliance with legislative mandates, while continuing to deliver value to its investors.