Lahore: Packages Limited has announced the crediting of its final cash dividend of Rs. 15.00 per share, representing 150% for the year ending December 31, 2024. The dividend was electronically credited to the designated bank accounts of eligible shareholders on May 12, 2025. This transaction was confirmed through notifications in the Business Recorder and Nawa-i-Waqt newspapers on May 13, 2025.

The company has adhered to the Companies Act, 2017, and the Companies (Distribution and Dividends) Regulations, 2017, by withholding dividends from shareholders who have not provided valid Computerized National Identity Cards (CNICs) and International Bank Account Numbers (IBANs). Shareholders who have not submitted the necessary details are urged to comply by submitting the information to the company's Share Registrar, FAMCO Share Registration Services (Private) Limited, using the electronic credit mandate form available on the company's website. Those holding shares in electronic form with the Central Depository Company (CDC) should provide the requisite information to CDC Investor Account Services or their CDS participants.

According to information available from the Pakistan Stock Exchange (PSX), the dividend payment is part of the company's ongoing compliance with regulatory requirements, ensuring that shareholders receive their entitled dividends promptly. Packages Limited has reiterated its commitment to facilitating smooth transactions for its shareholders by encouraging them to update their records.

The market category for this announcement falls under the designated category of corporate financial activities, specifically relating to dividend distribution. This approach aims to ensure transparency and efficiency in the distribution of dividends, aligning with regulatory standards and shareholder expectations.