Karachi, TPL Insurance Limited, a leading insurance company, declared a substantial Interim Cash Dividend of Rs. 3 per share, equivalent to 30%, following a meeting of its Board of Directors held on September 15, 2023.

Interim Cash Dividend Announcement

Shareholders of TPL Insurance Limited are set to benefit from the decision of the company's Board of Directors to issue an Interim Cash Dividend of Rs. 3 per share, representing a generous 30% dividend rate. This announcement underscores the company's commitment to delivering value to its shareholders.

Eligibility for Dividend

To be eligible for this Interim Cash Dividend, shareholders must have their names listed in the Register of Members as of the close of business on September 20, 2023. This ensures that all entitled shareholders will receive their dividend in a timely manner.

Transfers for Entitlement

For shareholders looking to receive this dividend entitlement, the company has made provisions for the swift processing of transfers. Transfers received at the Company's share registrar, THK Associates (Pvt.) Limited, located at Plot No. 32-C, Jami Commercial Street 2, D.H.A., Phase VII, Karachi-75500, Pakistan, by the close of business on Wednesday, September 20, 2023, will be promptly treated for the purpose of granting the dividend to the transferees.

Book Closure Date

To facilitate the distribution of entitlements, the Share Transfer Books of TPL Insurance Limited will be temporarily closed on September 21, 2023. During this period, share transfers and other related activities will be temporarily suspended.

The Board of TPL Insurance Limited remains dedicated to providing value to its shareholders and delivering strong financial performance. The company is committed to transparency and timely disbursement of dividends to ensure that all eligible shareholders receive their dues without delay.