Karachi: Burj Clean Energy Modaraba, a key player in the clean energy sector, has successfully credited the final cash dividend of Rs. 0.60 per certificate, equating to a 6% return, directly into the bank accounts of eligible certificate holders. This distribution, pertaining to the financial year ending June 30, 2026, was completed on November 6, 2026.
The dividend was credited to shareholders who had provided their electronic mandate details along with a valid International Bank Account Number (IBAN). However, the Modaraba withheld dividends from those certificate holders who did not furnish necessary details such as valid CNIC, bank account number, IBAN, and National Tax Number (NTN), as per the Companies (Distribution of Dividends) Regulations, 2017.
According to information available from the Pakistan Stock Exchange (PSX), Burj Clean Energy Modaraba has made it clear that compliance with these regulations is mandatory for the disbursement of dividends. The distribution reflects the Modaraba's commitment to ensuring timely and accurate payments to its stakeholders, provided they meet regulatory requirements.
Burj Clean Energy Modaraba remains a significant entity within the designated market category, focusing on sustainable energy solutions and contributing to the broader financial ecosystem in Pakistan.