RegAlertRule · SECP · 4 Apr 2018
SRO 421 (I)/2018 - Notification under Section 243-Unclaimed Dividends
The Securities and Exchange Commission of Pakistan specifies a forty-five-day period from the notification date for shareholders of listed companies to provide valid information required to complete electronic cash dividend payments. This requirement applies under sub-regulation (7) of regulation 4 of the Companies (Distribution of Dividends) Regulations, 2017.
GOVERNMENT OF PAKISTAN
SECURITIES AND EXCHANGE COMMISSION OF PAKISTAN -.-.-.- Islamabad, the 2 nd April, 2018 NOTIFICATION S.R.O. 421 (I)/2018.- In exercise of the powers conferred by section 510 of the Companies Act, 2017 (XIX of 2017) read with sub-regulation (7) of regulation 4 of the Companies (Distribution of Dividends) Regulations, 2017, notified vide S.R.O.1145(I)/2017, dated November 6, 2017, the Securities and Exchange Commission of Pakistan is pleased to specify a time period of forty-five days from the date of this notification for the shareholders of a listed company to provide valid information, as required under the aforesaid subregulation, to complete arrangements for making payment of cash dividends through electronic mode. ___________________________________________________________________________ [File No.: CSD/ED/MISC-I/2016 - 111]
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