Karachi: Shareholders of Gadoon Textile Mills Limited received a final cash dividend of Rs. 5 per share, marking a 50% return for the fiscal year ending June 30, 2026. The dividend was officially credited to the shareholders' bank accounts on October 9, 2026, following approval at the company's 39th Annual General Meeting held on September 28, 2026.
In compliance with section 242 of the Companies Act, 2017, and Companies (Distribution of Dividends) Regulations, 2017, the company ensured that the dividends were distributed electronically to those shareholders who had submitted valid CNIC and International Bank Account Numbers (IBAN). However, dividends for shareholders who have not provided the necessary documentation remain withheld.
According to information available from the Pakistan Stock Exchange (PSX), Gadoon Textile Mills Limited operates within the designated market category of the textile sector. Shareholders who have not yet complied with the necessary requirements are urged to contact the company or its share registrar. They may also access the Centralized Cash Dividend Register (CCDR) through the web portal http://eservices.cdcaccess.com.pk for further details on cash dividends, whether paid, unpaid, or withheld, as well as information on Zakat and tax deductions.
The company has communicated that shareholders will receive a detailed report via their registered email addresses, which will include essential information for the release of withheld dividends, contingent upon the submission of a valid CNIC and complete bank details, including IBAN.