Agriauto Industries Limited’s dispatch of dividend warrants
Karachi: We are pleased to inform you that the dividend warrants in respect of’ Final Dividend @ 100% i.e. Re. 5.00 per share for the year ended June 30, 2011 have been dispatched to the shareholders by registered post on November 14, 2011.
Note: Every listed company shall:-
1. Dispatch the final dividend warrants to the shareholders concerned within 30 days from the date of General Meeting in which the same has been approved.
2. Intimate the Exchange immediately as soon as all the dividend warrants have been posted to the shareholders.
3. Dispatch final dividend warrants to the shareholders by registered post unless those entitled to receive the dividend require otherwise in writing.
4. All dividend warrants, in addition to the place of the Registered Office of the issuing companies, shall be encashable at Karachi, Hyderabad, Sukkur, Quetta, Multan, Lahore, Faisalabad, Islamabad, Rawalpindi and Peshawar, for a period of three months from the date of issue.
5. The company will also mention on the dividend warrants the name of bank and the addresses of its respective branches, where the necessary arrangements for encashment have been made.
6. A listed company, which makes a default in complying with the requirements of this Regulation, shall pay to the Exchange penalty of Rs. 500/= (Rupees five hundred only) for every day during which the default continues. The Exchange may also notify the fact of such default and the name of defaulting company by notice and also by publication in the Official Quotation List of the Exchange.
7. The Board may suspend or if it so decides, delist any company which makes a default in company with the requirements of this Regulation.
8. Any action under this Repudiation shall be without prejudice to the action or steps taken by any other person or authority.
9. The companies haying their office outside Karachi are advised to pay the extension fee through demand draft.
10. The companies are advised to send the above information through VAN Fax number 111-573-329 followed by a hard copy of letter of confirmation immediately.
For more information, contact:
Agriauto Industries Limited
5th Floor, House of Habib,
3 JCHS, Block-7/8,
Main Sarah-e-Faisal, Karachi.
Tel: 92-21-34541540, 34540543