Karachi: Sui Northern Gas Pipelines Limited (SNGPL) has deposited its unclaimed dividends into the Federal Consolidated Fund, as reported on October 12, 2026. This measure aligns with the requirements set forth by the Companies Act, 2017, and the Unclaimed Shares, Modaraba Certificates, Dividend, Other Instruments and Undistributed Assets Regulations, 2017.

The deposit pertains to Dividend No. D-46 and falls under the scope of Section 244 of the Companies Act, 2017. This action demonstrates SNGPL's compliance with Section 244(3) of the Act, which mandates the transfer of unclaimed financial assets into the designated Federal Consolidated Fund.

According to information available from the Pakistan Stock Exchange (PSX), SNGPL's adherence to these regulatory requirements underscores the transparency and accountability measures that are expected of publicly listed companies in the market.

SNGPL’s decision to deposit the unclaimed dividends ensures that these funds are appropriately managed under the regulatory framework established to safeguard shareholders' interests. This action reflects the company's commitment to regulatory compliance within the designated market category.