Karachi: Al-Abbas Sugar Mills has announced a substantial interim dividend of Rs. 10.00 per share, equating to a 100% payout for the quarter ending June 30, 2024. This significant financial decision was confirmed during the Board of Directors meeting on July 26, 2024.

The company communicated this development through advertisements in the Daily "THE NATION" and Daily "JEHAN PAKISTAN" on July 29, 2024. According to information available from the Pakistan Stock Exchange (PSX), shareholders have been informed about this lucrative dividend payout and are advised to note that the Share Transfer book will remain closed from August 5, 2024, to August 7, 2024, inclusive of both days.

This closure period is crucial for shareholders as it pertains to the eligibility for the declared dividend. Al-Abbas Sugar Mills, listed on the Pakistan Stock Exchange, is complying fully with regulatory requirements to ensure transparent communication with its investors and maintaining proper records as mandated.