Oil and Gas Development Company Limited proposed to approve the final cash dividend at the rate of 27.5% i.e. PKR 2.75 per share for the year ended June 30, 2023 as recommended by the board of directors, at its twenty sixth annual general meeting to be held on October 30, 2023. This is in addition to the three interim cash dividends already paid during the year thus amounting to 58% i.e. PKR 5.80 per share. The share transfer books of the company will remain closed and no transfer of shares will be accepted for registration from October 19, 2023 to October 30, 2023 (both days inclusive).

Transfers received in order at the share registrars' office by the close of business on October 18, 2023 will be treated in time for the purpose of payment of final cash dividend, if approved by the shareholders.