Lahore: Nishat Chunian Power Limited announced the declaration of a 20% second interim cash dividend for its shareholders, as confirmed during the recent Board of Directors meeting on April 25, 2025. This dividend, amounting to Rs. 2 per share, pertains to the financial year ending June 30, 2025. The announcement follows the already disbursed 50% interim cash dividends earlier in the fiscal year.

The Board of Directors, convening in Lahore, confirmed no issuance of bonus shares, right shares, or any other entitlements or price-sensitive information at this juncture. The decision aligns with the dissemination of the company’s un-audited condensed interim financial statements for the nine months period and third quarter ending March 31, 2025. These statements encompass the Statement of Financial Position, Statement of Profit or Loss, Statement of Changes in Equity, and Statement of Cash Flows.

According to information available from the Pakistan Stock Exchange (PSX), the entitlement for this cash dividend will be extended to shareholders listed in the Register of Members by the close of business on May 6, 2025. Consequently, the company has scheduled the closure of its Ordinary Shares Transfer Books from May 7 to May 8, 2025, inclusive. This closure ensures the proper allocation of the 20% interim cash dividend, with all physical transfers and CDS Transaction IDs required to be finalized by May 6, 2025, at the Share Registrar in Lahore.

The un-audited financial results for the specified period, detailed in the Quarterly Un-audited Condensed Interim Financial Statements, will be made accessible through the PUCARS system within the designated time frame. Nishat Chunian Power Limited continues to operate within the designated market category of the Pakistan Stock Exchange.