Lahore: Packages Limited has issued a notice to its shareholders concerning unclaimed shares and dividends, as required under Section 244 of the Companies Act, 2017. This announcement was made public through the Business Recorder and Nawa-i-Waqt newspapers on August 9, 2025, as per the stipulations of Clause 5.6.9 (b) of the Pakistan Stock Exchange (PSX) Rule Book.
The notice emphasizes that the shares and dividends, which have remained unclaimed for over three years, are detailed on the company's official website under the "Investor-Relations/Shareholder-Information" section. Shareholders who have yet to submit their claims for these unclaimed assets are urged to do so within a ninety-day period from the date of the notice's publication.
According to information available from the Pakistan Stock Exchange (PSX), the company has already dispatched notices to the last known addresses of the shareholders via registered post and courier services. This step was in compliance with the legal requirements set out in the Companies Act. The shareholders are required to lodge their claims with the company's share registrar, FAMCO Share Registration Services (Pvt.) Limited, within the specified timeframe.
In the event that no claims are submitted within the given period, Packages Limited will proceed in accordance with the provisions outlined in the Companies Act, 2017. This process ensures that all unclaimed shares and dividends are handled in a manner consistent with the regulatory framework established by the act. The designated market category of Packages Limited is not specified in the released information.