Karachi, In a recent development, Bank Alfalah Limited has disclosed its intention to distribute an interim cash dividend to its valued shareholders. The decision was reached during the Bank's Board of Directors meeting held on August 10, 2023.

The interim cash dividend, set at a rate of Rs. 3/- per share, equivalent to 30% of the shares, is intended to benefit shareholders for the half-year ending June 30, 2023. This move reflects the Bank's commitment to rewarding its investors in the wake of positive financial performance.

For the benefit of the shareholders, the Bank has revealed that the entitlement will be extended exclusively to those whose names are registered in the Register of Members as of August 22, 2023. To facilitate this process, the Share Transfer Books of Bank Alfalah will remain closed from August 23, 2023, to August 25, 2023, inclusive of both dates. It is worth noting that any transfers of shares, submitted to the Bank's Share Registrar, M/s. F.D. Registrar Services (Private) Limited, before the close of business on August 22, 2023, will be duly considered for the purpose of granting the aforementioned entitlement to the recipients.