Karachi: Shahmurad Sugar Mills Limited has announced an update regarding the closure of its books for the financial period ending on March 31, 2025. The company disclosed this information as a follow-up to its previous communication dated May 26, 2025, concerning the interim cash dividend approved by the Board of Directors.
The company clarified that the books closure previously stated to occur from June 11, 2025, to June 13, 2025, has been revised. The new dates for the books closure are now set from June 9, 2025, to June 11, 2025. Transfers received by June 8, 2025, will be considered timely for the purpose of transfer and entitlement.
According to information available from the Pakistan Stock Exchange (PSX), this adjustment is crucial to ensuring that shareholders receive their entitlements correctly and within the specified timeframe. The designated market category for this announcement remains consistent with the company's standard protocol for such financial declarations.
Shahmurad Sugar Mills Limited has emphasized the importance of this change to ensure accurate processing and recording of shareholder entitlements relative to the interim cash dividend. The company is committed to maintaining transparency and accuracy in its financial dealings and communications with stakeholders.