National Foods Limited Declares Third Interim Cash Dividend and Announces Book Closure

Karachi: National Foods Limited has announced a third interim cash dividend for the fiscal year, as confirmed by the Board of Directors in a meeting held on April 28, 2026. The dividend has been set at 80%, translating to Rs.4.00 per share for the third quarter ending March 31, 2026.

According to information available from the Pakistan Stock Exchange (PSX), National Foods Limited has informed its shareholders that the share transfer books will be closed from May 12, 2026, to May 14, 2026. During this period, transfers received at the office of the Share Registrar, M/s. CDC Registrar Services Limited, located at CDC House, 99-B, Block B, S.M.C.H.S, Main Shahrah-e-Faisal, Karachi-74400, by the close of business on May 11, 2026, will be considered eligible for the interim cash dividend entitlement.

The company has also provided guidelines concerning tax implications under Section 150 of the Income Tax Ordinance, 2001. Shareholders whose names are not on the Active Tax-payers List (ATL) are urged to become active to avoid higher tax deductions on cash dividends. The Federal Board of Revenue (FBR) has clarified that the withholding tax will be determined based on the active or non-active status of both principal shareholders and joint holders, with consideration of their respective shareholding proportions. Shareholders with joint accounts are requested to submit the proportions of shareholding in writing to the Share Registrar.

This announcement reflects National Foods Limited’s commitment to maintaining transparency and providing timely information to its shareholders, ensuring compliance with regulatory obligations.