Thal Industries Corporation Limited informed Pakistan Stock Exchange that the Final cash dividend @ Rs. 1.50 per share i.e. 15% for the year ending September 30, 2019 has been credited electronically into the designated bank accounts of the shareholders of the Company on February 12, 2020.

The announcement is available at:

https://dps.psx.com.pk/download/image/142645-1.gif

The Thal Industries Corporation Limited is a public limited company incorporated in Pakistan on September 7, 1953. The foundation of the company is formed under the Companies Ordinance, 1984. The company is principally engaged in production and sale of sugar and its by-products. The stocks of the company are quoted on the Karachi and Lahore Stock Exchanges of Pakistan. The registered office of the company is located at Multan.

The company produces several grades of quality sugar and is involved in the co-generation to export surplus electricity to the national grid. The company has two sugar manufacturing units namely Layyah Sugar Mills with a crushing capacity of 12,000 TCD and Safina Sugar Mills with a crushing capacity of 7,500 TCD.

The symbol "TICL" is being used by the stock exchanges for the shares of the Thal Industries Corporation Limited.

© Pakistan Press International, source Asianet-Pakistan