Karachi: Zarea Limited has announced the distribution of its final cash dividend for the fiscal year ending June 30, 2026. The company confirmed that the dividend, set at 100 percent of the face value of Re.1 per share, has been electronically credited to the bank accounts of shareholders who have provided valid International Bank Account Numbers (IBAN). This distribution followed the approval at the Annual General Meeting held on October 28, 2026.

The dividend payments were executed on November 3, 2026, ensuring that entitled shareholders received their due returns. However, dividend payments for shareholders who have not submitted valid IBANs have been withheld. This action adheres to the stipulations of section 242 of the Companies Act, 2017, and Regulation 6 of the Companies (Distribution of Dividends) Regulations, 2017.

According to information available from the Pakistan Stock Exchange (PSX), Zarea Limited's dividend declaration is a significant event within the designated market category, reflecting the company's adherence to regulatory compliance and commitment to shareholder value.

The withholding of dividends from non-compliant shareholders underscores the importance of meeting regulatory requirements to facilitate smooth financial transactions. The company's measures ensure that only those shareholders who comply with the necessary provisions receive their dividends, maintaining the integrity of the distribution process.