Karachi: Idrees Textile Mills Limited has issued a formal notification to its shareholders, urging them to file claims for dividends that have remained unclaimed for a period of three years. This announcement follows the guidelines set forth under Section 244 of the Companies Act, 2017. The notice, dated June 8, 2026, was dispatched to shareholders' last known addresses, emphasizing the urgent need for action within a specified timeframe.

The company's communication highlights that any dividend declared by Idrees Textile Mills Limited, which remains unclaimed or unpaid for three years from the date it became due, will be detailed on the company's official website. Shareholders are required to submit their claims within 90 days of the notice to the company's Share Registrar at JWAFFS Registrar Services (Pvt) Ltd., located at Office no. 20, 5th Floor Arkay Square, Extension New Chali, Shahrah-e-Liaquat, Karachi.

According to information available from the Pakistan Stock Exchange (PSX), this notice serves as a critical reminder for investors to ensure their financial entitlements are claimed in a timely manner. The company has already begun processing claims received in response to the initial notice.

Failure to lodge claims within the specified period will result in the company issuing a final notice in newspapers. Subsequently, any unclaimed amounts will be deposited with the Federal Government, in compliance with the stipulations of Section 244 of the Companies Act, 2017. This move underscores the company's adherence to regulatory requirements and its commitment to ensuring shareholders receive their rightful dividends.