Karachi: Tariq Glass Industries Limited has successfully credited an interim cash dividend to its shareholders, marking a significant financial movement for the company. The dividend, amounting to 50% or Rs. 5 per ordinary share, was electronically transferred to the designated bank accounts of shareholders on March 13, 2026, for the fiscal year ending June 30, 2026.
In compliance with clause 6 of the Companies (Distribution of Dividends) Regulations, 2017, and section 242 of the Companies Act, 2017, the company has withheld dividend payments for shareholders who have not submitted their valid CNIC number or International Bank Account Number (IBAN). Tariq Glass Industries is urging these shareholders to provide the necessary information to their respective Shares Broker or CDC Investor Account Services for those holding shares in book entry form, or to the Share Registrar of the Company for those holding shares physically.
According to information available from the Pakistan Stock Exchange (PSX), the dissemination of this financial update is part of the company’s ongoing commitment to transparency and regulatory adherence. Shareholders who have not received their dividends can access detailed information regarding their Gross Dividend, Zakat Deduction, Tax Deduction, and Net Dividend on the CCDR Web Portal within seven working days following the dividend distribution.
The company has made it clear that the details of shareholders with missing information will be available on its website within the stipulated timeframe, encouraging all shareholders to ensure their information is up-to-date to avoid any future disruptions in dividend payments.