Karachi: United Distributors Pakistan Limited has officially credited an interim cash dividend of Rs. 17 per share, equating to 170%, into the accounts of its shareholders. The announcement was confirmed to have taken place on November 14, 2025, following a decision made by the Board of Directors during their meeting on October 22, 2025, for the fiscal year ending June 30, 2026.
The company, adhering to the Pakistan Stock Exchange (PSX) Regulation 5.6.10, credited the dividend within the stipulated timeframe of 10 working days from the start of the closure of the transfer of books, as prescribed under the Companies (Distribution of Dividends) Regulations, 2017. The regulations align with Sections 242 and 243 of the Companies Act, 2017.
According to information available from the Pakistan Stock Exchange (PSX), United Distributors Pakistan Limited was required to inform the Exchange immediately once the dividend was credited to the designated bank accounts of the shareholders.
Failure to comply with PSX Regulation 5.6.10(1) would result in the company facing a fine as defined under PSX Regulation 5.21.1. The regulations specify that any actions taken under these rules are independent of any other actions or steps that might be taken by other authorities or individuals.
The crediting of the dividend marks a significant financial activity for United Distributors Pakistan Limited, ensuring compliance with the regulatory framework and fulfilling its commitment to its shareholders.