International Industries Ltd. Announces 20% Distribution for 2024’s First Quarter

Karachi, International Industries Ltd. NC (INIL) has announced a distribution of 20% (I) for the quarter ending March 2024. The company traded at a high rate of Rs. 140.39 and a low of Rs. 140.67, with a daily weighted average rate of Rs. 140.67. With a paid-up capital of Rs. 1,318.82 million, International Industries has increased its distributions progressively from 80% in 2022 to 75% in 2023. The company, listed in 1984, has a par value of Rs. 10 for its shares and has set the market lot at one share. The latest book closure was noted on 13/02, demonstrating its growth and investor confidence.

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PSX Issues Buy-Back Directive for Three Companies Over Regulatory Non-Compliance

Karachi: The Pakistan Stock Exchange (PSX) has issued a compulsory buy-back directive to the sponsors and majority shareholders of three companies, following their continued failure to comply with specific financial regulations. The companies have bee...

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