International Steels Limited Processes 30% Final Cash Dividend for Shareholders

Karachi: On October 16, 2026, International Steels Limited (ISL) processed an E-dividend through Habib Bank Limited, crediting a 30% final cash dividend to 7,491 shareholders for the fiscal year ending June 30, 2026. According to information available from the Pakistan Stock Exchange (PSX), the process was executed as part of the company's dividend distribution for the year. However, the remittances for 1,313 shareholders have been withheld due to the absence or inaccuracy of the CNIC/International Bank Account Number (IBAN), in accordance with Sections 6(i) and 6(ii) of the Companies (Distribution of Dividends) Regulations, 2017.

Shareholders who have not provided their banking details are advised to update their information. This includes their IBAN, bank name, branch address, CNIC number, and email address with the company's shares registrar, M/s THK Associates (Pvt) Ltd., or with the relevant CDC Participants/Investor Account Services. This step is essential to ensure that future dividends are deposited directly into designated bank accounts, as mandated by Section 242 of the Companies Act, 2017. Failure to provide an E-Dividend mandate will result in the withholding of cash dividends.

Additionally, shareholders with unclaimed dividends are encouraged to contact THK Associates (Pvt) Ltd. at their office on Jami Commercial Street 2, DHA, Phase-VII, Karachi-75500. Claims must be submitted with appropriate evidence within 90 days from the date of this notice, as stipulated under Section 244(1)(iii) of the Companies Act.