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The Organic Meat Company Limited Recommends Interim Bonus Shares for Shareholders

Karachi, The Organic Meat Company Limited, a leading player in the organic meat industry, announced that its Board of Directors, in a meeting held on June 20, 2023, has recommended the issuance of interim bonus shares to its shareholders. The proposed bonus shares will be allocated in the proportion of 1 share for every 10 shares held, equivalent to 10% of the current shareholding. This issuance will serve as both the interim and final bonus shares for the financial year ending June 30, 2023.

The recommendation for the issuance of bonus shares demonstrates the company’s commitment to rewarding its shareholders and sharing its success. Shareholders who are listed in the Register of Members on June 21, 2023, will be entitled to receive the bonus shares.

To facilitate the implementation of the bonus shares issuance, The Organic Meat Company Limited will temporarily close its Share Transfer Books from June 22, 2023, to June 25, 2023, inclusive. Share transfers received by the company’s Share Registrar, M/s. Corptec Associates (Pvt.) Ltd., in Lahore, until the close of business on June 21, 2023, will be considered eligible for the entitlement of the bonus shares.

The post The Organic Meat Company Limited Recommends Interim Bonus Shares for Shareholders appeared first on Pakistan Company News.

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