Karachi: Safe Mix Concrete Limited has announced the successful credit of a 30% Final Cash Dividend on ordinary shares to its shareholders for the fiscal year ending June 30, 2026. The dividend, amounting to Rs.3 per ordinary share, was approved during the company's 20th Annual General Meeting held on October 27, 2026. The crediting process was completed on November 6, 2026, and was executed through electronic transfer directly into the bank accounts of shareholders who have submitted their Computerized National Identity Card (CNIC) and valid International Bank Account Numbers (IBAN).

The transaction aligns with the statutory requirements of Section 242 of the Companies Act, 2017, and the Companies (Distribution of Dividend) Regulations, 2017. Safe Mix Concrete Limited has withheld the dividend for shareholders who failed to provide valid CNICs and IBANs or furnished incomplete or incorrect bank account details.

According to information available from the Pakistan Stock Exchange (PSX), the distribution of dividends by Safe Mix Concrete Limited is a significant financial event in the designated market category. The compliance with regulatory frameworks ensures transparency and adherence to legal obligations, reinforcing the company's commitment to its shareholders.