IGI Holdings Limited Notifies Shareholders of Final Cash Dividend Credit

Karachi: IGI Holdings Limited has announced the electronic credit of its final cash dividend for the fiscal year ending December 31, 2024. The dividend, set at Rs.4 per share, representing a 40% payout, has been deposited directly into the bank accounts of shareholders who have submitted requisite identification and banking details. The announcement was made public on May 7, 2025, through notices published in Business Recorder and Nawa-i-Waqt.

According to information available from the Pakistan Stock Exchange (PSX), shareholders eligible for the dividend had to provide their valid Computerized National Identity Cards (CNICs) and International Bank Account Numbers (IBANs) to receive the payment electronically. The company emphasized compliance with the Companies Act, 2017, and the Companies (Distribution and Dividends) Regulations, 2017, by withholding dividends from shareholders who had not submitted the necessary documentation.

IGI Holdings Limited has urged shareholders who hold physical shares to submit their information through an electronic credit mandate form available on the company's website. Shareholders holding shares through the Central Depository Company (CDC) are advised to provide the required details to CDC Investor Account Services or their respective CDS Participants.

The company also advised shareholders to promptly update any changes in their particulars, such as postal or email addresses and IBAN details. Shareholders with physical shares are instructed to notify changes in writing to the company's share registrar, FAMCO Share Registration Services (Pvt.) Limited, while CDC account holders should update their details with CDC Participants.