Karachi, IGI Holdings Limited has successfully credited the interim cash dividend (D-48) at the rate of Rs. 2/- per share, equivalent to 20% for the year ending December 31, 2023, to the designated bank accounts of its shareholders. The distribution took place electronically on September 8, 2023.

This dividend payment applies to shareholders who had previously provided their e-mandate information along with complete 24-digit IBAN numbers to the company. The electronic transfer ensures a seamless and efficient distribution process.

However, in compliance with the provisions of the Companies Act, 2017, IGI Holdings Limited has withheld dividend payments for shareholders who failed to provide their LBAN numbers and/or a valid copy of their CTNC to the company. This measure is in line with regulatory requirements to maintain accurate and transparent records of shareholders and their entitlements.

IGI Holdings Limited continues to prioritize shareholder communication and compliance with relevant regulations to ensure a fair and equitable distribution of dividends. Shareholders who have any inquiries or concerns regarding their dividend payments are encouraged to reach out to the company for assistance and resolution.