Karachi: Thatta Cement Company Limited has successfully credited an interim cash dividend of Rs 0.50 per share, equivalent to 5 percent for the half-year period ending December 31, 2024. The electronic disbursement was completed on February 19, 2025, into the designated bank accounts of shareholders who have provided valid International Bank Account Numbers (IBANs).

The company’s decision to credit the interim cash dividend follows the regulations set forth by section 242 of the Companies Act, 2017, in conjunction with Regulation No. 6(ii) of the Companies (Distribution of Dividends) Regulation, 2017. However, dividends have been withheld for shareholders who have not provided complete bank account details, including the required 24-digit IBAN.

According to information available from the Pakistan Stock Exchange (PSX), shareholders who have not yet submitted their bank details are encouraged to provide the necessary information to their broker or the Central Depository Company (CDC) for shares held in book-entry form. For physical shares, the details should be sent via post or courier to the company's share registrar, M/s THK Associates (Pvt) Limited, located at Plot # 32-C, Jami Commercial Street 2, Phase-VII, DHA, Karachi, Pakistan.

The company has assured that the payment of withheld dividends will be processed electronically within 15 days upon receiving the required bank account information. Shareholders are advised to submit the requisite details promptly to facilitate the timely release of their dividend payments.