Islamabad: Gharibwal Cement Limited has announced the successful disbursement of an interim cash dividend at the rate of Rs. 0.50 per share, which translates to a 5% return for its shareholders. The payout was deposited into the designated bank accounts on November 14, 2025, following a decision made by the company's Board of Directors during their meeting on October 27, 2025.
The announcement aligns with the regulatory requirements stipulated under the Pakistan Stock Exchange (PSX) Regulation 5.6.10, which mandates that companies must credit the interim cash dividend within ten working days from the commencement of the closure of transfer of books. This closure is necessary for determining the entitlement of dividends, as required under Rule 3 of the Companies (Distribution of Dividends) Regulations, 2017, and Sections 242 and 243 of the Companies Act, 2017.
According to information available from the Pakistan Stock Exchange (PSX), Gharibwal Cement Limited has adhered to the necessary protocols by promptly intimating the exchange regarding the credit of dividends to the shareholders' accounts. Compliance with these regulations is crucial to avoid potential fines as outlined under PSX Regulation 5.21.1, which addresses defaults in meeting these obligations.
The interim dividend reflects a minor move, indicating a steady financial position for the company as it progresses towards the end of the fiscal year on June 30, 2026. This development is part of Gharibwal Cement's commitment to ensuring shareholder value and maintaining transparency in its financial operations.