⚡ Flash Summary

Fauji Cement Company Limited (FCCL) has announced the credit of the final cash dividend of Rupees 1.25 per share for the fiscal year ended June 30, 2025. This dividend was approved during the 33rd Annual General Meeting held on September 30, 2025, and has been credited to the designated bank accounts of shareholders who provided valid International Bank Account Numbers (IBAN) on October 9, 2025. The company has withheld dividends for shareholders who have not provided valid CNIC or IBAN information, in compliance with the Companies Act 2017 and related regulations. Notices regarding the withholding of the final cash dividend were dispatched on October 10, 2025.

📌 Key Takeaways

• 💰 FCCL declares a final cash dividend of Rupees 1.25 per share for FY 2024/25.
• 🗓️ Dividend approved at the 33rd AGM held on September 30, 2025.
• 🏦 Dividend credited to shareholders’ accounts on October 9, 2025, for those with valid IBANs.
• 🚫 Dividends withheld for shareholders without valid CNIC or IBAN, per regulatory requirements.
• 📜 Complies with Section 243(3) of Companies Act 2017 and Regulation 6(1)(iv).
• ✉️ Notices of withholding dispatched on October 10, 2025.
• ⏳ Shareholders can receive withheld dividends by providing the necessary information within 15 days.
• 🌐 Information available on FCCL’s website for electronic dividend mandate.
• 🏢 CDC account holders need to update bank details with CDC or their broker.
• 📝 Physical shareholders should submit bank details to the Share Registrar, M/s Corplink (Pvt) Ltd.
• 📄 Annex A provides a form for submitting bank account details for dividend transfer.
• 🔒 Company not liable for losses due to incorrect bank details provided by shareholders.
• ✅ CNIC/NTN certificate/passport copy must be attached for verification.

🎯 Investment Thesis

HOLD. The announcement of the final cash dividend provides a tangible return to shareholders, reflecting a stable financial position. However, the focus is primarily on administrative aspects rather than strategic initiatives or growth prospects. Without additional information on future growth strategies, earnings potential, or valuation metrics, a hold recommendation is appropriate. Monitor FCCL’s future announcements and financials to reassess the investment thesis. The price target should be evaluated based on comparative valuation and growth potential over the next 12 months.