⚡ Flash Summary
Archroma Pakistan Limited has announced the return of unclaimed dividends, as detailed in Form E and authenticated by an auditor’s certificate. As of September 30, 2025, the total unclaimed dividend amount is PKR 85,793,759. This amount represents dividends that have remained unclaimed for a period of three years from their due dates. The announcement complies with regulatory requirements outlined by the Securities and Exchange Commission of Pakistan (SECP) and the Companies Act, 2017.
📌 Key Takeaways
- 💰 Archroma Pakistan Limited reports unclaimed dividends of PKR 85,793,759 as of September 30, 2025.
- 📄 The unclaimed dividends are reported on Form E, verified by an auditor’s certificate.
- 📅 These dividends have remained unclaimed for at least three years from their payable dates.
- ⚖️ The disclosure complies with SECP regulations and Section 244 of the Companies Act, 2017.
- 🏢 KPMG Taseer Hadi & Co. has audited the Form E and confirmed its agreement with the company’s books.
- 🧾 Form E summarizes year-wise unclaimed amounts for shares, modaraba certificates, and dividends.
- ✉️ The company has notified the Pakistan Stock Exchange about the unclaimed dividend.
- 🗓️ The announcement is dated October 27, 2025, referencing unclaimed amounts as of September 30, 2025.
- ✔️ The unclaimed dividends data is presented in a dividend schedule from 1999-2022
- 🔍 Auditor’s verification included checking bank statements and confirmations from share registrar.
- 🔒 The certificate’s use is restricted to compliance with regulatory requirements.
🎯 Investment Thesis
Given the neutral nature of the announcement regarding unclaimed dividends and without any information that will drive profitability, a HOLD recommendation is appropriate. The focus on regulatory compliance and operational management of unclaimed dividends suggests stable corporate governance but does not provide significant impetus for a BUY recommendation. Further analysis of Archroma Pakistan Limited’s financial performance and growth prospects is necessary to determine a more definitive investment stance. Price target is not applicable, considering this dividend information.
Disclaimer: AI-generated analysis. Not financial advice.