Karachi: Sapphire Fibres Limited has announced the successful crediting of its final cash dividend at the rate of Rs. 10, equating to a 100% payout for the fiscal year that concluded on June 30, 2026. This disbursement was executed electronically on November 06, 2026, benefiting shareholders who submitted e-mandates with their complete 24-digit International Bank Account Numbers (IBANs).
According to information available from the Pakistan Stock Exchange (PSX), the company adhered to the mandates of the Companies Act, 2017, by withholding dividends from shareholders lacking either their IBAN details or a valid copy of their Computerized National Identity Cards (CNICs).
This decision ensures compliance with regulatory requirements while facilitating the efficient distribution of funds to eligible shareholders. The move aligns with Sapphire Fibres Limited's commitment to maintaining transparency and accountability in its financial operations.