AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi, Thal Limited has announced the successful credit of an interim cash dividend for the fiscal year ending June 30, 2024, to its shareholders on March 19, 2024. The dividend, set at Rs. 2.00 per share, which represents a 40% dividend rate, has been electronically transferred into the designated bank accounts of those shareholders who have complied with the submission of their valid CNIC and International Bank Account Number (IBAN).
In adherence to section 242 of the Companies Act, 2017, and the subsequent SR0-1145(1)/2017 notification by the Securities and Exchange Commission of Pakistan (SECP), Thal Limited has withheld the dividends of shareholders who have yet to provide a clear copy of their valid CNIC and complete bank details, including a valid IBAN. The company urges these shareholders to contact the Company’s Share Registrar, FAMCO/CDC/Broker, with a legible and valid copy of their CNIC. They are requested to provide their complete bank details, including the 24-digit IBAN, by filling out the form available on the company’s website, www.thallimited.com.
Shareholders and members of the Stock Exchange have been requested to take note of these developments accordingly.