Lotte Chemical Pakistan Ltd Credits Interim Dividend to Shareholders

Karachi: Lotte Chemical Pakistan Ltd, a notable entity within the designated market category, has successfully credited an interim cash dividend to its shareholders, as reported on August 7, 2026. The dividend, amounting to Rs. 1.50 per share, represents a 15% payout and was credited directly into the bank accounts of shareholders on August 6, 2026. This was facilitated through electronic means, in accordance with the company's adherence to the requirements set by the Companies Act, 2017, and Companies (Distribution of Dividend) Regulations, 2017.

The company has withheld dividends from shareholders who have not yet submitted valid Computerized National Identity Cards (CNICs) and complete bank account details, including International Bank Account Numbers (IBAN). This action ensures compliance with regulatory standards, emphasizing the importance of updated and accurate shareholder information.

According to information available from the Pakistan Stock Exchange (PSX), the distribution of the interim dividend reflects the company's ongoing efforts to maintain transparency and uphold financial obligations to its shareholders. The move underscores the company's commitment to regulatory compliance and efficient distribution practices.

Shareholders who missed this distribution due to incomplete documentation are advised to promptly update their records to ensure future dividend credits. The company remains dedicated to facilitating seamless transactions for its investors, while also ensuring adherence to statutory requirements.