Punjab Oil Mills Ltd. NC Announces Consistent Distributions with Steady Market Rate

Karachi, Punjab Oil Mills Ltd. NC (POML) reported a stable market rate of Rs. 123.34, with a daily weighted average rate of Rs. 124.02. The company, with a paid-up capital of Rs. 77.62 million, declared consistent distributions of 20% and a 20% bonus for 2022, followed by a 20% bonus and 15% regular for 2023. POML’s shares have a par value of Rs. 10. The company, concluding its financial year in June, had its last book closure on October 20, reaching a high rate of Rs. 146 in the period from January to December 2023.