Lalpir Power Limited Announces Revised Dates for Book Closure Related to Interim Dividend

Karachi: Lalpir Power Limited has updated its book closure dates concerning the disbursement of a 20% second interim cash dividend for the half-year period ended June 30, 2024.

The company had initially set earlier dates for this corporate action, but according to information available from the Pakistan Stock Exchange (PSX), the new book closure period is now scheduled from September 10, 2024, to September 11, 2024, inclusive of both days. This revision ensures shareholders are aware of the eligibility window to receive the dividend payout.

The entitlement pertains to a dividend of Rs. 2 per share, announced earlier for the period. Lalpir Power’s share transfer books will be closed during these days to facilitate the processing of the dividend. For shareholders to qualify for this dividend, all physical transfers or CDS transaction IDs must be received by CDC Share Registrar Services Limited in Karachi no later than September 9, 2024.

The company has circulated this notice to ensure all concerned stakeholders are informed of the changes and can adjust their records and plans accordingly.

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