⚡ Flash Summary

Atlas Honda Limited (ATLH) has declared its first interim cash dividend for the year ending March 31, 2026. The dividend is set at Rs. 46 per share, which translates to 460%. To determine shareholder entitlement, the share transfer books will be closed on November 13 and 14, 2025. Shareholders must ensure their details, including address and CNIC/NTN, are updated with the Share Registrar, M/s Hameed Majeed Associates.

📌 Key Takeaways

• 💰 First interim cash dividend declared at Rs. 46 per share (460%).
• 🗓️ Dividend is for the year ending March 31, 2026.
• 🔒 Share transfer books will be closed on November 13-14, 2025.
• ⏳ Share transfer requests must be received by November 12, 2025.
• 📝 Shareholders should update their registered address.
• 🆔 Provide copies of CNIC/NTN to the Share Registrar.
• 🏦 Dividends will be paid electronically into designated bank accounts (IBAN).
• 🌐 Physical shareholders can submit IBAN details via the company’s website.
• 🏢 Shareholders with CDC accounts should update details with CDC Investor Account Services.
• 🧾 Withholding tax will be deducted based on FBR’s Active Taxpayers List (ATL).
• 👨‍👩‍👧‍👦 Tax deduction for joint shareholders will be based on their share ratio.
• 💸 Zakat will be deducted at 2.5% of the paid-up value (Rs. 10 per share).
• 📜 Shareholders can submit Zakat Declaration Form (CZ-50) for exemption.
• 📍 Share Registrar: M/s Hameed Majeed Associates, Lahore.

🎯 Investment Thesis

HOLD. Atlas Honda’s dividend declaration is a positive sign. However, a neutral stance is warranted given the lack of comprehensive financial data to assess long-term sustainability. The dividend yield and payout ratio need to be compared to industry peers to determine if the stock is undervalued or overvalued. Furthermore, a review of the company’s financial statements is necessary to understand its overall financial health and future growth prospects.