Karachi: Fazal Cloth Mills Limited has announced the successful credit of a 150% final cash dividend to its ordinary shareholders for the fiscal year ending June 30, 2026, according to a recent report issued by the company. The dividend, amounting to Rs. 15 per ordinary share, was approved during the company's 61st Annual General Meeting held on October 28, 2026.

The distribution process was completed on November 6, 2026, using electronic transfers directly into the bank accounts of shareholders who provided their Computerized National Identity Cards (CNICs) and valid International Bank Account Numbers (IBANs). This measure ensures a streamlined and efficient transfer of dividends to the eligible shareholders.

According to information available from the Pakistan Stock Exchange (PSX), Fazal Cloth Mills Limited is categorized within the textile sector. The company has maintained a consistent reputation for its financial distributions, reflecting its commitment to shareholder value.

By adhering to the electronic mode of credit, the company has reinforced its commitment to modernized, efficient financial practices, ensuring timely delivery of dividends to its shareholders.