OLP Financial Services Announces Interim Cash Dividend for Fiscal Year 2025

Karachi: OLP Financial Services Pakistan Limited has announced the credit of an interim cash dividend for the fiscal year ending June 30, 2025. The dividend, declared by the Board of Directors, is set at a rate of PKR 2 per share, equating to 20%, and has been credited directly into the bank accounts of eligible shareholders through electronic means.

On May 21, 2025, advertisements detailing the dividend distribution will be published in Business Recorder and Nawa-i-Waqt across Karachi, Lahore, and Islamabad. According to information available from the Pakistan Stock Exchange (PSX), the shareholders eligible for this dividend were those listed in the company's register of members as of the close of business on May 6, 2025, and who have provided valid CNIC and complete bank account or IBAN details.

The company, in adherence to the Companies (Distribution of Dividends) Regulations, 2017, has withheld dividends for shareholders lacking complete CNIC or bank account details. Central Depository Company (CDC) shareholders are advised to submit their bank account details or IBAN to their CDC Participant or Investor Account Services to claim withheld dividends. Shareholders with physical shares are required to provide their bank account details or IBAN along with a copy of their CNIC to the company's Share Registrar in Karachi.

Additionally, shareholders can access the Centralized Cash Dividend Register (CCDR) developed by CDC to obtain their Dividend Tax Deduction Report. This report is also available through their Participant (Stock Broker) via their CDS terminals. The designated market category for this announcement is financial services.