Karachi: Engro Holdings Limited, previously known as Dawood Hercules Corporation Limited, has confirmed the electronic distribution of sale proceeds from the disposal of fractional shares to its entitled shareholders. The announcement, made on April 4, 2025, follows an earlier communication dated January 13, 2025, regarding the credit of shares in the Central Depository Company (CDC) of Engro Holdings Limited and DH Partners Limited.

The company has successfully credited the proceeds into the designated bank accounts of shareholders who submitted an e-mandate along with their complete 24-digit International Bank Account Numbers (IBANs). This electronic transfer was completed on March 28, 2025.

According to information available from the Pakistan Stock Exchange (PSX), the transaction involves the distribution of funds directly to stakeholders who held fractional shares following the reorganization of the company. The shareholders have been informed that the transaction aligns with the market operations and regulations of the designated market category.

The company has urged the TRE Certificate Holders to disseminate this information effectively, ensuring that all relevant parties are aware of the completion of the fractional share disposal process.