Lahore: J.K. Spinning Mills Limited has announced the successful crediting of the final cash dividend amounting to Rs. 2 per share, marking a 20% return for the year ending June 30, 2025. This development follows the approval of the dividend by the Board of Directors during their meeting on September 17, 2025. The dividends were distributed into the designated bank accounts of shareholders on October 31, 2025.
According to information available from the Pakistan Stock Exchange (PSX), J.K. Spinning Mills Limited adhered to PSX Regulation 5.6.10, which mandates the crediting of the final cash dividend within ten working days from the declaration date. This requirement is in accordance with Rule 3 of the Companies (Distribution of Dividends) Regulations, 2017, as well as Sections 242 and 243 of the Companies Act, 2017.
The company has ensured immediate intimation to the Exchange upon successful crediting of the dividend to shareholders’ accounts. In compliance with PSX regulations, J.K. Spinning Mills Limited has avoided any defaults that could result in fines as outlined in PSX Regulation 5.21.1. The company remains committed to its obligations under the regulatory framework, ensuring transparency and timely communication with shareholders and the Exchange.
This action reaffirms J.K. Spinning Mills Limited’s dedication to maintaining shareholder value and regulatory compliance within the designated market category.