Pakistan Company News – Credit of Final Cash Dividend of Nimir Industrial Chemicals Limited

Credit of Final Cash Dividend of Nimir Industrial Chemicals Limited

Karachi, Nimir Industrial Chemicals Limited informed Pakistan Stock Exchange that the Final cash dividend @ Rs. 2 per share i.e. 20% for the year ending June 30, 2018 has been credited electronically into the designated bank accounts of the shareholders of the Company on November 14, 2018.

Nimir Industrial Chemicals Limited, previously known as Ravi Alkalis Limited and owned by a local business family was incorporated in Pakistan on February 6, 1994. The foundations of the company are laid under the Companies Ordinance, 1984. Nimir Chemicals Company Limited, a Bermuda registered company, took over the management of the company in 1997 and consequently the name of the company was changed to Nimir Industrial Chemicals Limited in March 1998. The commercial operations of the company started from January 1, 2000. The principal activity of the company is manufacturing and sale of industrial chemical products. The stocks of the company are quoted on the Karachi and Lahore Stock Exchanges. The registered office of the company is located in Faisalabad.

The symbol “NICL” is being used by the stock exchanges for the shares of Nimir Industrial Chemicals Limited.