Karachi: Clover Pakistan Limited announced the completion of the credit and dispatch of withheld bonus shares to its shareholders, as detailed in a statement released on November 6, 2026. This development follows their earlier communication dated October 14, 2026, concerning the allocation of 15% bonus shares to shareholders' accounts in the Central Depository System (CDS).

The company clarified that the remaining 10% or 20% of bonus shares, previously withheld under Section 236Z of the Income Tax Ordinance, 2001, have now been credited to the CDC accounts and sub-accounts of the shareholders. Additionally, physical bonus share certificates have been dispatched to those shareholders who paid the requisite withholding tax and submitted proof of payment within the stipulated deadline.

According to information available from the Pakistan Stock Exchange (PSX), the process ensures compliance with the regulatory requirements and provides shareholders with their entitled bonus shares. This measure is part of Clover Pakistan Limited's ongoing efforts to adhere to tax obligations and shareholder agreements.

The designated market category for Clover Pakistan Limited remains unchanged following this announcement. Shareholders who met the tax payment criteria can now access their bonus shares through the official channels provided by the company.