Packages Limited Alerts Shareholders of Unclaimed Shares and Dividends

Lahore: Packages Limited has issued a notice to its shareholders concerning unclaimed shares and dividends that have remained uncollected for over three years, urging them to submit their claims. This action follows the requirements of Section 244 of the Companies Act, 2017, and is in line with Clause 5.6.9 (b) of the Pakistan Stock Exchange (PSX) Rule Book. The company announced that the notice would be officially published in both the Business Recorder and Nawa-i-Waqt newspapers on Saturday, 03 August 2024.

According to information available from the Pakistan Stock Exchange (PSX), the unclaimed shares and dividends details are available on the company’s website under the “Investor-Relations/Shareholder-Information” section. The company had previously sent notices via courier and registered post to the last known addresses of the shareholders, instructing them to submit their claims within ninety days to the Company’s Share Registrar, FAMCO Share Registration Services (Pvt.) Limited.

The company stresses that if no claims are received within the allotted ninety days following the notice’s publication, it will proceed with the next steps as prescribed by the Act to handle the unclaimed shares and dividends.

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