Nishat (Chunian) Limited FINANCIAL RESULTS FOR THE HALF YEAR ENDED DECEMBER 31, 2022

 Nishat (Chunian) Limited

FINANCIAL RESULTS FOR THE HALF YEAR ENDED DECEMBER 31, 2022

The Board of Directors of Nishat Chunian Limited in their meeting held on February 21 , 2022 at 1 1 :30 AM at Registered Office, 31-Q. Gulberg II, Lahore, has recommended the  following for the ha If year ended December 3l, 2021 :

CASH DIVIDEND:

interim cash dividend for the half year ended 2021-1 2-3 l at Rs.3 per shar e ie 30%

    

BONUS:                                                      NIL

RIGHT:                                                  NIL

 

ANY OTHER ENTITLEMENT/ CORPORATE ACTION:     NIL

ANY OTHER PRICE SENSITIVE INFORMATION:          NIL

As per the applicable provisions of the Securities Act, 201 5 and Rule Book of Pakis tan Stock Exchange Limited (" PSX..). Price sensitive information relating to Nishat (Chunian) Limited ("THE Company..) or its subsidiaries which ha s come to the Company' s knowledge and which would be material to an investor's investment decision, is required to be provided to you.

The Scheme o f Compromise s . Arrangement and Reconstruction ( the " Scheme '") under Sections 279 to 283 and 285 read with other  applicable provisions of the Companies Act, 2017, was placed in draft form before

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the Board for obtaining all requisite permissions / approvals and sanction of the Scheme by the Honorable Lahore High Cou11. La ho re. be and is hereby approved.