⚡ Flash Summary
Javedan Corporation Limited announced the credit of the Final Cash Dividend D-6 to its ordinary shareholders. The dividend, amounting to Rs.5/- per ordinary share (50%), was approved at the 63rd Annual General Meeting on October 18, 2025. It was credited on October 30, 2025, directly into the bank accounts of shareholders who provided valid CNICs and IBANs. The company has withheld dividends for shareholders with incomplete or incorrect information, in compliance with regulatory requirements.
📌 Key Takeaways
- 📢 Javedan Corporation Limited credited Final Cash Dividend D-6.
- 💰 Dividend amount: Rs.5/- per ordinary share (50%).
- 📅 Approved at the 63rd AGM on October 18, 2025.
- 🏦 Credited on October 30, 2025, via electronic mode.
- ✅ Shareholders with valid CNICs and IBANs received the dividend.
- 🚫 Dividends withheld for those with incomplete information.
- 📜 Complies with Section 242 of the Companies Act, 2017.
- 📑 Complies with the Companies (Distribution of Dividend) Regulations, 2017.
- 🔗 Shareholders can update details via the company’s website.
- 🏢 Contact Share Registrar at CDC House, Karachi for assistance.
- 🌐 Website link provided for more information and forms.
- ✉️ Share Registrar contact: CDC Share Registrar Services Limited.
🎯 Investment Thesis
HOLD. The dividend announcement is a positive sign but does not warrant a BUY rating without a comprehensive financial analysis. A more in-depth review of financial performance, market positioning, and future growth prospects is required. Currently, the stock offers moderate value, sufficient for maintaining existing positions until greater clarity on future financial results and strategic initiatives is achieved.
Disclaimer: AI-generated analysis. Not financial advice.