Engro Corporation Limited Announces Credit of Second Interim Cash Dividend

Karachi: Engro Corporation Limited has successfully credited the second interim cash dividend for the year ending December 31, 2024, to its shareholders. The dividend, amounting to Rs. 8.00 per share which constitutes an 80% dividend, was electronically transferred on September 13, 2024.

According to information available from the Pakistan Stock Exchange (PSX), the dividend was directly credited into the bank accounts of those shareholders who had previously provided the company with their complete 24-digit IBAN numbers. This electronic distribution of dividends reflects the company’s adherence to modern financial practices and its commitment to ensuring timely payments to its investors.

In compliance with the Companies Act of 2017, Engro Corporation has withheld the dividends of shareholders who did not provide their IBAN numbers or a valid copy of their CNICs. This measure ensures adherence to regulatory requirements and safeguards shareholder interests.

The company has instructed that the Certificate Holders of the Exchange be informed of this financial activity, ensuring transparency and compliance with regulatory obligations.

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