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⏸️ BILF: HOLD Signal (5/10) - Final Notice To The Shareholders For Unclaimed Dividend - FoxLogica

⚡ Flash Summary

Zuma Resources Limited (formerly Bilal Fibres Ltd) has issued a final notice to its shareholders regarding unclaimed dividends. This notice, pursuant to Section 244 of the Companies Act, 2017, informs shareholders that they have 90 days from the publication of the notice to claim any dividends that have remained unclaimed for three years. After this period, any unclaimed dividend amounts will be deposited to the credit of the Federal Government. The notice was issued on October 27, 2025.

Signal: HOLD ⏸️
Strength: 5/10
Sentiment: NEUTRAL
Time Horizon: MEDIUM_TERM

📌 Key Takeaways

  • 🗓️ **Final Notice Issued:** Zuma Resources Limited (formerly Bilal Fibres Ltd) is reminding shareholders about unclaimed dividends.
  • 📜 **Regulatory Compliance:** The notice complies with Section 244 of the Companies Act, 2017.
  • 🕒 **Three-Year Window:** Dividends unclaimed for three years are subject to this notice.
  • ⏳ **90-Day Claim Period:** Shareholders have 90 days from the publication of the notice to file their claims.
  • 🏦 **Government Deposit:** Unclaimed dividends after the 90-day period will be deposited with the Federal Government.
  • 📰 **Publication Requirement:** The notice will be published in English and Urdu newspapers.
  • 🏢 **Company Information:** Contact details for Zuma Resources Limited are provided for inquiries.
  • 📍 **Location:** Zuma Resources Limited is located in Lahore, Pakistan.
  • 🌐 **Website:** Further information is available at www.zumapak.com.
  • 📞 **Contact Number:** The company can be reached at 0300-8659501.
  • ✉️ **Email:** Inquiries can be sent to info@zumapak.com.

🎯 Investment Thesis

HOLD. This announcement does not provide sufficient information to change the investment recommendation. It’s a routine regulatory announcement regarding unclaimed dividends. No change to price target or time horizon is warranted.

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Disclaimer: AI-generated analysis. Not financial advice.

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