Karachi: Tariq Glass Industries Ltd. announced that the second interim cash dividend for the fiscal year ending June 30, 2025, has been credited electronically to the designated bank accounts of its shareholders. The dividend, at the rate of 20%, amounts to Rs. 2 per ordinary share. The transaction was completed on May 19, 2025, as per company sources.

According to the Companies (Distribution of Dividends) Regulations, 2017, and section 242 of the Companies Act, 2017, Tariq Glass Industries Ltd. has withheld the dividend payments for shareholders who have not submitted valid CNIC numbers or International Bank Account Numbers (IBANs). The company has urged these shareholders to update their information through their respective share brokers or the CDC Investor Account Services if the shares are held in book-entry form, or through the Share Registrar if the shares are held physically.

According to information available from the Pakistan Stock Exchange (PSX), the company's shareholders who have yet to fulfill these requirements can expect their details to be posted on the company's website within seven working days after the distribution of the dividend. Additionally, specifics regarding gross dividend amounts, Zakat deductions, tax deductions, and net dividends will be made accessible on the CCDR Web Portal within the same timeframe.

The designated market category for Tariq Glass Industries Ltd. remains undisclosed in the announcement. The company has reiterated the importance of providing the necessary identification and banking details to ensure the smooth processing of future dividend payments.