Karachi: National Foods Limited has declared its first interim cash dividend for the financial year 2026-27, following a board meeting held on October 26, 2026. The company announced a dividend of 60%, equivalent to Rs. 3.00 per share, for the first quarter ending September 30, 2026.

The company has outlined the dates for the book closure period, which will span from November 09, 2026, to November 11, 2026, inclusively. Shareholders wishing to be eligible for the dividend must ensure their share transfers are lodged with CDC Share Registrar Services Limited in Karachi by the close of business on November 06, 2026.

According to information available from the Pakistan Stock Exchange (PSX), this announcement falls under the designated market category of National Foods Limited, indicating the company’s ongoing commitment to its shareholders.

In compliance with Section 150 of the Income Tax Ordinance, 2001, National Foods Limited has issued a notice regarding the deduction of income tax on dividends. Shareholders not listed in the Active Tax-payers List (ATL) are urged to update their status to avoid higher tax deductions. The Federal Board of Revenue (FBR) has clarified that withholding tax will consider the active or non-active status of both principal and joint shareholders, and shareholders are advised to submit their shareholding proportions to the company's share registrar.

Shareholders with joint accounts must provide detailed information about the shareholding proportions of both principal and joint shareholders to ensure proper tax processing. This requirement underscores the company's adherence to tax compliance and regulatory obligations.