Sapphire Textile Mills Limited Credits 100% Final Cash Dividend

Karachi: Sapphire Textile Mills Limited has announced the crediting of its final cash dividend at Rs.10.00 per share, representing a 100% payout for the fiscal year ending June 30, 2026. This action follows the approval by the shareholders during their meeting on October 28, 2026. The dividends were credited into the designated bank accounts of eligible shareholders on November 3, 2026.

The company has implemented the payout to those shareholders who have provided complete e-mandate details, including 24-digit IBAN numbers, as mandated by the provisions of the Companies Act, 2017. However, dividends have been withheld for shareholders who have not furnished their IBAN numbers or valid copies of their CNICs.

According to information available from the Pakistan Stock Exchange (PSX), this financial move by Sapphire Textile Mills falls within the designated market category. It reflects the company's compliance with statutory requirements and its commitment to shareholder returns.