March 13, 2025
FATIMA/PSX/25/A-006
The General Manager | Executive Director/HOD, |
Pakistan Stock Exchange Limited | Offsite-II Department, |
Stock Exchange Building | Supervision Division, |
Stock Exchange Road | SECP, Blue Area |
Karachi. | Islamabad. |
Sub: Financial Results for the Year Ended December 31, 2024
Dear Sir,
We have to inform you that the Board of Directors of our Company in its meeting held electronically on March 13, 2025, at 11:30 am, recommended the following:
-
Cash Dividend
A final Cash Dividend for the year ended December 31, 2024, at Rs. 4.25 per share i.e. 42.5%. This is in addition to the interim Dividend already paid at Rs. 2.75 per share i.e.
27.5%. This will take the total payout for the year 2024 to Rs. 7.00 per share. | ||
ii. | Bonus Shares | NIL |
iii. | Right Shares | NIL |
iv. | Any other entitlement / Corporate action | NIL |
- Any other price sensitive information:
"The Board approved the change of the effective date of the Scheme of Compromises, Arrangements and Reconstruction (the Scheme) for carving out the net assets related to Multan Plant of the Company and amalgamating the same with and into Pakarab Fertilizers Limited (PFL), a wholly owned subsidiary. The scheme will now be effective from January 01, 2025 instead of October 01, 2024, subject to all requisite regulatory approvals."
The Financial Results of the Company for the Year Ended December 31, 2024, are attached.
The Annual General Meeting of the Company will be held both physically and through electronic means on Friday, April 18, 2025, at 11:00 a.m.
The above entitlement will be paid to the shareholders whose names will appear in the Register of Members on April 11, 2025.
The Share Transfer Books of the Company will be closed from April 12, 2025, to April 18, 2025 (both days inclusive). Transfers received at the office of our Shares Registrar, CDC Share Registrar Services Limited, CDC House, 99 - B, Block 'B', S.M.C.H.S., Main Shahra-e-Faisal, Karachi-74400, at the close of business on April 11, 2025, will be treated in time for the purpose of above entitlement to the transferees.
The Annual Report of the Company will be transmitted through PUCARS at least 21 days before holding of the Annual General Meeting.
Yours sincerely,
______________________
Anil Zia
Deputy Company Secretary Encl: As above
Plant Site: Mukhtar Garh, Sadiqabad, District Rahim Var Khan, Pakistan. PABX: +92 68 5786960, Fax: +92 68 5786909
Head Office: E-110, Khayaban-e-Jinnah, Lahore Cantt., Pakistan. PABX: +92 42 111-FATIMA (111-328-462), Fax: +92 42 36621389, www.fatima-group.com
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