The Board of Directors of our company in their meeting held on August 16, 2022 at 3:00 pm, at POL House Morgah, Rawalpindi through Video Link, recommended the following:
(i) CASH
DIVIDEND
A final Cash Dividend for the year ended June 30, 2022 at
Rs. 50.00 per share i.e. 500%. This is in addition to Interim Dividend(s)
already paid atRs.20.00 per share i.e. 200%.
(ii) BONUS SHARES
It has been recommended by
the Board of Directors to issue Bonus Shares in the proportion of Nil share(s) for every share(s) held
i.e. NIL %. This is in addition to
the Interim Bonus Shares already issued @NIL%.
(iii) RIGHT SHARES
The Board has recommended to issue NIL% Right Shares at par/at a discount/premium of Rs. NIL
per
share in proportion of Nil share(s)
for every share(s).
(iv)
ANY OTHER ENTITLEMENT/CORPORATE ACTION "NIL"
(v)
ANY OTHER PRICE-SENSITIVE INFORMATION "NIL"
The financial results of the Company are
attached (Annexure I - Separate Financial Statements) and (Annexure II -
Consolidated Financial Statements).
The
Annual General Meeting of the Company will be held on Tuesday, September 20,
2022 at 10:00
a.m.
at POL House Morgah, Rawalpindi through Video Link.
The above entitlement will be paid to the shareholders
whose names will appear in the Register of Members on September 13, 2022.
The Share Transfer Books of
the Company will be closed from September 14, 2022 to September 20, 2022
(both days inclusive). Transfers received at the Registered Office of
the Company by the close of
business on September 13, 2022 will be treated in time for the
purpose of payment of the final cash dividend, if approved by the shareholders.
The Annual Report of the Company will be
transmitted through PUCARS at least 21 days before holding of Annual General
Meeting.
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