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Karachi, TPL Insurance Limited has announced a significant interim cash dividend for the year ending December 31, 2023, following a meeting of the company’s Board of Directors held on September 15, 2023, in Karachi.
Generous Interim Cash Dividend
The Board of Directors has recommended an interim cash dividend of Rs. 3 per share, amounting to 30% of the share’s face value. This dividend is a testament to the company’s strong financial performance and commitment to creating value for its shareholders.
Eligibility Criteria
Shareholders who will benefit from this interim cash dividend must have their names listed in the Register of Members as of the close of business on September 20, 2023.
Book Closure Dates
To facilitate the distribution of the dividend, TPL Insurance will close its Share Transfer Books on September 21, 2023. Any share transfers received by the company’s registrar, THK Associates (Pvt.) Limited, located at Plot No. 32-C, Jami Commercial Street 2, D.H.A., Phase VII, Karachi-75500, Pakistan, by the end of business on September 20, 2023, will be processed in time for shareholders to receive the entitlement.
This interim cash dividend is a reflection of TPL Insurance Limited’s continued efforts to reward its shareholders and strengthen its position in the insurance sector. Shareholders can look forward to receiving their dividend payments as the company maintains its tradition of financial excellence.
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