Karachi: Adamjee Life Assurance Company Limited has issued a formal notification to its shareholders, urging them to file claims for dividends that have remained unclaimed for three years. This action, reported on September 1, 2026, is in line with Section 244 of the Companies Act, 2017.

The company has dispatched a ninety-day notice via courier service to all shareholders with unclaimed dividends, providing them an opportunity to submit their claims. This notice, referred to as D-1, is part of the firm's compliance measures. Detailed information about these unclaimed dividends can be accessed on the company's website.

According to the directive, if any dividend declared by the company remains unclaimed or unpaid for three years from its due date, it must be transferred to the Federal Government of Pakistan. Shareholders have a ninety-day window to file their claims at the company's Shares Registrar address, CDC Share Registrar Services Limited, located at CDC House, 99-B, Block B, SMCHS, Main Shahrah-e-Faisal, Karachi.

According to information available from the Pakistan Stock Exchange (PSX), the process involves a final notice published in newspapers if claims are not received within the specified period. Should there be no response, the company will proceed to deposit the unclaimed amounts with the Federal Government, as mandated by the Act.

The notification underscores the significance of shareholders taking timely action to claim their dividends to avoid transfer of funds to the government.