Oil & Gas Development Company Limited Issues Final Notice for Unclaimed Shares and Dividends

Karachi: The Oil & Gas Development Company Limited (OGDCL) has issued a final notice to its shareholders, urging them to claim their unclaimed shares and dividends. This action follows the requirements set forth in Clause 5.6.9 (b) of the Pakistan Stock Exchange Limited Regulations, as detailed in a report dated August 17, 2026.

The notice, scheduled for publication in newspapers on Tuesday, August 18, 2026, informs shareholders that certain shares and dividends have remained unclaimed or unpaid for over three years from their due date. OGDCL has previously contacted shareholders via registered post at their last known addresses, requesting them to submit their claims within a three-month period. Despite this outreach, the company has received only a limited number of responses, which are currently being processed.

According to information available from the Pakistan Stock Exchange (PSX), OGDCL is now making a final appeal for shareholders to file their claims. Shareholders are requested to lodge their claims within 90 days from the date of the final notice by reaching out to the company's Share Registrar, M/s CDC Share Registrar Services Limited, located at CDC House, 99-B, Block 'B', S.M.C.H.S., Main Shara-e-Faisal, Karachi-74400.

Failure to submit claims within the stipulated timeframe will result in OGDCL depositing the unclaimed or unpaid amounts with the Federal Government, in accordance with section 244(2) of the Companies Act, 2017.