Company Announces No New Dividends or Shares Amid Financial Results for Nine-Month Period

Rawalpindi: The Board of Directors of the Company, during a meeting at POL House in Morgah, Rawalpindi, made several key announcements regarding its financial position for the nine-month period that ended on March 31, 2025. The meeting took place on April 28, 2025, at 11:30 a.m.

The board disclosed that there will be no interim cash dividend for the quarter that ended on March 31, 2025, maintaining it at NIL per share or NIL%. This follows previous interim dividends that have already been disbursed at Rs. 12.50 per share, which equates to 125%.

Furthermore, the company announced that there will be no distribution of bonus shares, no issuance of right shares, and no other entitlements or corporate actions. No other price-sensitive information was reported during the announcement.

The detailed financial results were provided in an annexure during the meeting. The company also stated that its Quarterly Report for the nine-month period will be submitted separately through the Pakistan Unified Corporate Action Reporting System (PUCARS) within the designated timeframe.

According to information available from the Pakistan Stock Exchange (PSX), the company's financial statements and corporate actions are part of routine disclosures for companies in the designated market category. This ensures transparency and compliance with regulatory requirements.

The absence of new dividends or share issuances was notable, as it may impact shareholder expectations and market perceptions. However, the prior issuance of 125% interim dividends signifies a substantial return for shareholders, reflecting the company's earlier performance and financial strategy.