⚡ Flash Summary
Nimir Industrial Chemicals Limited has announced an interim cash dividend of Re. 1.00 per share, which is equivalent to 10% of the share value, for the financial year ending June 30, 2026. The dividend was recommended by the Board of Directors on October 29, 2025, and has been electronically transferred to the designated bank accounts of shareholders who provided valid account details. Dividend payments to shareholders lacking valid CNIC and IBAN information have been withheld in compliance with regulatory requirements. Advertisements regarding this dividend distribution will be published in daily newspapers.
📌 Key Takeaways
- 💰 Interim cash dividend declared: Re. 1.00 per share (10%).
- 📅 Dividend for FY ending June 30, 2026.
- ✅ Recommended by the Board of Directors on October 29, 2025.
- 🏦 Payment via electronic transfer to designated bank accounts.
- 🗓️ Payment executed on Tuesday, November 18, 2025.
- 🚧 Dividends withheld for shareholders lacking valid CNIC & IBAN.
- 📜 Compliance with Companies (Distribution of Dividends) Regulations, 2017.
- 📰 Advertisements to be published in Times (English) and Asas (Urdu) on November 19, 2025.
- 📍 Advertisements in Karachi, Lahore, and Islamabad.
- 🔗 Shareholders can contact the Share Registrar (M/s Corplink) or CDC for queries.
- 🏢 Nimir Industrial Chemicals Limited is the company issuing the dividend.
- 📄 Annexures 1 & 2 contain further details on the dividend distribution.
🎯 Investment Thesis
Based solely on the dividend announcement, a HOLD recommendation is appropriate. The dividend indicates positive cash flow, but more in-depth financial analysis is needed before making a BUY or SELL decision. A price target and time horizon cannot be established without a complete financial model and valuation analysis.
Disclaimer: AI-generated analysis. Not financial advice.