The board of directors of Shadab Textile Mills Limited in their meeting held on September 29, 2020 has recommended a final cash dividend at PKR 0.50 per share (i.e. 5.00%) (2019: PKR 5.20 per share) amounting to PKR 8.300 million for the year ended 30 June 2020. The above proposed cash dividend is subject to the approval of the members at the annual general meeting to be held on October 28, 2020.