Bank Alfalah Announces Interim Cash Dividend for Q1 2025

Karachi: Bank Alfalah Limited has announced the credit of an interim cash dividend for the quarter ending March 31, 2025. The announcement was made through newspaper clippings published on May 13, 2025, in the "Business Recorder" and "Express" newspapers, covering editions in Karachi, Lahore, and Islamabad.

The shareholders of Bank Alfalah Limited were informed that an interim cash dividend at the rate of Rs. 2.5 per share, equivalent to 25%, was declared by the Board of Directors during a meeting held on April 17, 2025. This dividend has been directly credited via electronic mode to the designated bank accounts of eligible shareholders. Eligibility was determined by the appearance of shareholders' names in the register of members as of the close of business on April 29, 2025. Shareholders needed to have provided their valid National Identity Card Number (CNIC) along with complete bank account details.

According to information available from the Pakistan Stock Exchange (PSX), shareholders can access the Centralized Cash Dividend Register (CCDR) via the CDC's online services to verify their cash dividend details. This service offers shareholders a means to retrieve dividend information for record purposes.

Under the Companies (Distribution of Dividends) Regulations, 2017, the payment of cash dividends is withheld for shareholders who have not provided their CNIC or IBAN details to the bank. Bank Alfalah has sent letters and multiple reminders to such shareholders, urging them to submit the necessary information. Shareholders with withheld dividends are requested to submit the required documents, including a legible copy of their valid CNIC, to facilitate the release of their dividends.

The designated market category for this announcement is the financial sector, specifically focusing on dividend distribution in Pakistan's banking industry.