Karachi: Security Papers Limited, listed on the Pakistan Stock Exchange, has announced a final cash dividend of Rs 10.00 per share for the year ended June 30, 2024. This distribution follows an interim cash dividend of Rs 2.50 per share, totaling a yearly dividend of Rs 12.50 per share, or 125% of the share price. The company disclosed that the final dividend payment has been credited to shareholders who have provided valid banking details, including International Bank Account Number (IBAN).

The notice, set to be published in major newspapers, outlines that the dividend has been transferred electronically to those with up-to-date Computerized National Identity Card (CNIC) information on file. According to information available from the Pakistan Stock Exchange (PSX), Security Papers Limited is complying with Section 242 of the Companies Act, 2017, by withholding dividends for shareholders lacking valid CNIC and complete bank details.

Shareholders lacking proper documentation are urged to contact FAMCO Share Registration Services to update their records and facilitate the release of their dividends. The registrar's office, located near Hotel Faran in Karachi, will assist with the submission of the required CNIC and a completed e-Dividend Mandate Form.

For further information, shareholders can visit the Security Papers Limited website or contact their Investor Account Services Department if their shares are held in physical form.