ASL announces dividends for ASLPS and ASLCPS of Rs52mn and Rs0.2mn

News Image

MG News | October 28, 2022 at 01:34 PM GMT+05:00

0:00

October 28, 2022 (MLN): Aisha Steel Mills (ASL) board on Friday approved a cumulative dividend for the year ended Jun’22 on cumulative preference shares ASLPS and ASLCPS, approximately amounting to Rs52 million and Rs0.2mn respectively, the company’s filings on the stock exchange showed on Friday.

In the filing, the board decides that every ordinary share of the company having a face value of Rs10 per share shall be distributed as a preferential dividend against every Rs10 of the dividend accrued on ASLPS for the year ended Jun’22 to the respective preference shareholders ASLPS.

Furthermore, 2.285 ordinary shares of the Company having a face value of Rs10per share shall be distributed as a preferential dividend against every Rs10 of the dividend accrued on ASLCPS for the year ended Jun’22.

“Cash dividends for the year ended Jun’22 shall be paid as preferential dividends to those preference shareholders ASLCPS who have not converted the preference shares ASLCPS into Ordinary Shares ASL up to the book closure date for entitlement of dividend”, the report added.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 165,425.87
533.60M
4.41%
6982.45
ALLSHR 100,240.84
1,082.65M
3.89%
3754.83
KSE30 51,014.54
237.19M
4.67%
2274.28
KMI30 242,828.87
151.23M
5.53%
12718.41
KMIALLSHR 66,406.71
544.66M
4.33%
2758.67
BKTi 46,622.68
104.68M
4.63%
2064.66
OGTi 32,464.50
20.80M
5.05%
1561.11
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 111,450.00 116,385.00
111,430.00
-4930.00
-4.24%
BRENT CRUDE 62.12 63.63
61.74
-1.20
-1.90%
RICHARDS BAY COAL MONTHLY 81.00 0.00
0.00
-0.50
-0.61%
ROTTERDAM COAL MONTHLY 89.30 0.00
0.00
0.20
0.22%
USD RBD PALM OLEIN 1,085.00 1,085.00
1,085.00
0.00
0.00%
CRUDE OIL - WTI 58.32 59.82
58.01
-1.17
-1.97%
SUGAR #11 WORLD 15.43 15.60
15.39
-0.18
-1.15%

Chart of the Day


Latest News
October 14, 2025 at 03:08 PM GMT+05:00

China vows to fight to the end after U.S imposes 100% tariffs


October 14, 2025 at 03:02 PM GMT+05:00

Gold soars to all-time high of Rs435,100 per tola


October 14, 2025 at 02:34 PM GMT+05:00

OGDC brings Razgir-1 Well on stream at TAL Block


October 14, 2025 at 02:21 PM GMT+05:00

China achieves 150bn parcel mark 37 days sooner



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg