Meezan Bank : PUBLICATION OF NOTICES FOR THE CREDIT OF FINAL CASH DIVIDEND OF MEEZAN BANK LIMITED FOR THE YEAR ENDED DECEMBER 31, 2023
April 09, 2024 at 01:55 am EDT
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Published nationwide in newspaper namely "Business Recorder" Today i.e. Tuesday, April 9, 2024
Credit of Final Cash
Dividend for the year ended
December 31, 2023
We are pleased to inform our shareholders that the final Cash Dividend of Rs. 8/- per share i.e. 80% for the year ended December 31, 2023, as recommended by the Board of Directors in its meeting held on February 15, 2024 and approved at the 28th Annual General Meeting (AGM) held on March 29, 2024 by the shareholders of the bank, has been credited in between April 05, 2024 to April 08, 2024 through electronic mode directly into the designated bank accounts of the shareholders who have provided their valid International Bank Account Numbers ("IBANs").
Further in compliance with the requirements of Section 242 of the Companies Act, 2017 and Companies (Distribution of Dividends) Regulations 2017, the Bank has withheld dividend of those shareholders who have not provided their valid IBANs or have provided incomplete or incorrect bank account details.
In order to receive the cash dividend withheld by the Bank as stated above, shareholders are again requested to contact the following along with legible copy of their valid CNIC and provide complete bank accounts detail including valid IBANs on E-Dividend Mandate Form available at the following link:
Bank's Share Registrar at the following address (If maintaining shareholding in physical form)
Share Registrar
THK Associates (Pvt.) Limited
Plot No. 32-C, Jami Commercial Street 2, D.H.A. Phase VII, Karachi-75500, Pakistan.
Phone: (92-21)111-000-322
Email: sfc@thk.com.pk
If shares are held in CDC electronic form, kindly contact your Broker/Participant/Investor Account Services of Central Depository Company of Pakistan (CDC).
Note:
Central Depository Company of Pakistan Limited (CDC) has developed Centralized Cash Dividend Register ("CCDR"), on e-Services web portal, which contains details pertaining to cash dividends paid, unpaid or withheld by listed companies. The CCDR helps to maintain history of dividends paid to shareholders by listed companies and access of all such information is provided to the respective shareholders including details of Income Tax/Zakat deduction etc. (if any) and the net amount credited into their accounts.
The shareholders are requested to register themselves to CDC's e-Services Portal https://csp.cdcaccess.com.pk to get above information.
By Order of the Board
Karachi:
Muhammad Sohail Khan
April 09, 2024
Company Secretary
Published nationwide in newspaper namely "Daily Express" Today i.e. Tuesday, April 9, 2024
2023
31
https://www.meezanbank.com/wp-content/themes/mbl/
downloads/Dividend-Mandate-Form-Urd.pdf
75500-
https://csp.cdcaccess.com.pk
2024
09
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Meezan Bank Ltd. published this content on
09 April 2024 and is solely responsible for the information contained therein. Distributed by
Public, unedited and unaltered, on
09 April 2024 05:55:00 UTC.
Meezan Bank Limited (the Bank) is a Pakistan-based scheduled Islamic commercial bank. The Bank is engaged in corporate, commercial, consumer, investment and retail banking activities. The Bank has approximately 983 branches. The Bank's products and services include deposit products, alternate distribution channels, branchless banking, priority banking, consumer financing, transaction banking and financing products. Its deposit products include Meezan Rupee, Meezan Asaan, Meezan Express, Meezan Kids Club, Meezan Teen Club, Meezan Senior Citizen, Meezan Labbaik, Meezan Kafalah and Meezan Bachat. Its alternate distribution channels include Meezan Mobile Banking App, Meezan Internet banking, SMS alerts, SMS banking, Meezan Visa Debit Cards and Meezan Mastercard Debit Cards. The Bank's financing products include Murabaha, Musawamah, Istisna, Commodity Salam, Tijarah and Diminishing Musharakah. Its consumer financing includes Car Ijarah, Meezan Apni Bike and Meezan Roshan Apna Ghar.