Karachi: Clover Pakistan Limited has announced that it has successfully credited bonus shares into the accounts of its shareholders through the Central Depository System. The crediting process was completed on October 14, 2026, as per the latest report issued by the company.

According to the details provided, the bonus shares were credited at a rate of 80% or 90% of the 15% allocation, marking a significant step in the company's distribution of shares to its stakeholders. This move is structured under the guidelines of the Central Depository Company of Pakistan Limited, ensuring an organized and transparent process.

The distribution of the remaining 10% or 20% of withheld bonus shares is contingent upon the receipt of the applicable withholding tax, as stipulated under Section 2362 of the Income Tax Ordinance, 2001. These shares will be credited to the respective CDC accounts or sub-accounts of the shareholders once the necessary tax obligations have been fulfilled.

According to information available from the Pakistan Stock Exchange (PSX), Clover Pakistan Limited operates within the designated market category, adhering to the regulatory framework required for such financial activities. This structured approach ensures that the company remains compliant with national financial regulations while effectively managing its shareholder distributions.