EFU Life Insurance Interim Cash Dividend and Book Closure

The Board of Directors of EFU Life Assurance Ltd. at their meeting held on October 26, 2021 have declared Third Interim Cash Dividend of Rs.1.5 per share (i.e.15%) for the year ending December 31, 2021 to be paid to those Shareholders whose names appear in the Register of Members at the close of business on November 08, 2021.


Interim Cash Dividend and Book Closure 2021 EFU Life Insurance


The Share Transfer Books of the Company will remain closed from November 09, 2021 to November 11, 2021 (both days inclusive). Transfers received by our Share Registrar, M/s. CDC Share Registrar Services Limited, CDC House, 99-B, Block-B, S.M.C.H.S., Main Shahra-e-Faisal, Karachi-74400 up to close of business on November 08, 2021 will be in time for the entitlement of the above mentioned Third Interim Cash Dividend.

Income Tax at applicable rate as per Finance Act, 2021 (15% for filers whose names appear on the Active Tax Payers List of FBR and 30% for non-filers) will be deducted from the dividend amount of principal and joint shareholders, if any, according to their shareholding proportions (provided by the shareholder otherwise equally), as required under Section 150 of the Income Tax Ordinance, 2001.

Shareholders who have not yet provided their International Bank Account Number (IBAN) details and valid copy of CNIC are requested to furnish the same on priority basis to their respective Broker/CDC Participant/Investor Account Services (in case your shareholding is in Book Entry form) or to our Share Registrar, CDC Share Registrar Services Limited (In case your shareholding is in physical form), for electronic remittance of dividend in their accounts as per Section 242 of the Companies Act, 2017. In case of non-submission of IBAN and valid copy of CNIC, the Company will withhold the payment of dividends under the Companies (Distribution of Dividends) Regulations, 2017.

EFU Life Insurance Interim Cash Dividend and Book Closure

Leave a Comment