Karachi: IGI Holdings has successfully distributed an interim cash dividend of Rs. 2 per share, marking a 20% dividend rate for the fiscal year ending December 31, 2024. The dividend, announced during the August 26, 2024 Board of Directors meeting, was credited to shareholders on September 18, 2024.

The dividend payment was made directly into the designated bank accounts of those shareholders who had previously provided their complete National Identity Card (CNIC) details and International Bank Account Number (IBAN). This compliance ensures the transparency and efficiency of the payment process.

According to information available from the Pakistan Stock Exchange (PSX), the company has adhered to the Companies Act, 2017 and Companies (Distribution of Dividends) Regulations, 2017 by withholding dividend(s) for shareholders who have not provided their valid CNIC numbers or bank account details.

Shareholders holding physical shares are requested to update their registration details through FAMCO Share Registration Services (Private) Limited to facilitate future transactions. The Central Depository Company (CDC) has developed an e-Services Web Portal, where shareholders can verify the status of their dividends, including deductions and net cash credited to their accounts.

For those seeking further assistance or in case of changes to personal details such as postal or email addresses and IBANs, IGI Holdings advises contacting their share registrar or updating information through the CDC Investor Account Services. This proactive communication underscores IGI Holdings' commitment to maintaining clear and reliable shareholder relations.