Karachi: The Board of Directors of National Investment Trust Limited (NITL) announced plans to convene a meeting on June 20, 2025, to deliberate on the declaration of interim dividends for its various funds.
The funds under consideration include the National Investment (Unit) Trust Fund (NI(U)T Fund), NIT-Islamic Equity Fund (NIT-IEF), NIT-Government Bond Fund (NIT-GBF), NIT-Income Fund (NIT-IF), NIT-Islamic Income Fund (NIT-IIF), NIT-Asset Allocation Fund (NIT-AAF), NIT-Social Impact Fund (NIT-SIF), NIT Money Market Fund (NIT-MMF), and NIT Islamic Money Market Fund (NIT-IMMF).
The announcement, which includes an advertisement for book closure on June 20, 2025, was shared with the relevant stakeholders. According to information available from the Pakistan Stock Exchange (PSX), this meeting is a routine procedure for NITL as the company evaluates its financial position and distribution strategies.
For communication regarding this meeting, Mr. Faisal Arjumand or Ms. Anisa Panjwani will be responsible for contacting the exchange before and after sending faxes through designated lines. They can be reached via telephone at numbers 32421510 and 32466337, with fax transmissions set to be sent to the UAN Fax No. 111-573-329 from NIT Fax No. 32417827 and 32422719.
The funds managed by NITL play a role in the designated market category, reflecting the organization's investment strategies and market engagement. The board's decision following the meeting will impact the unit holders of the respective funds, influencing dividend payouts based on the interim financial performance of each fund.