Shahmurad Sugar Mills Limited Declares First Interim Cash Dividend Amidst Books Closure

Karachi: Shahmurad Sugar Mills Limited has announced a first interim cash dividend of Rs. 7.00 per share, equating to 70 percent, for the financial year ending September 30, 2025. This development was confirmed following a meeting of the company's Board of Directors on May 26, 2025.

The decision is set to be formally communicated through notices published in "The Nation" and "Nawa E Waqt" newspapers on May 30, 2025. The dividend announcement follows Rule 5.6.9 of the Rules of the Pakistan Stock Exchange, which governs the procedures for such disclosures.

According to information available from the Pakistan Stock Exchange (PSX), the entitlement to the dividend will be determined by the company's Share Transfer Books, which are scheduled for closure from June 1, 2025, to June 11, 2025, inclusive of both days. Shareholders listed in the Register of Members as of the close of business on June 8, 2025, will be eligible for the dividend payout.

The designated market category for Shahmurad Sugar Mills Limited remains unchanged, with the company continuing to operate within the framework prescribed by the PSX. This announcement marks a significant event for the shareholders as it outlines the company's financial commitments and strategies for the current fiscal year.