Page 255 - Pakistan Oilfields Limited - Annual Report 2021

NOTICE OF

ANNUAL GENERAL MEETING

5. EXEMPTION FROM DEDUCTION OF INCOME TAX / ZAKAT:

Members seeking exemption from deduction of income tax or are eligible for deduction at a reduce
rate are requested to submit a valid tax certificate or necessary documentary evidence as the case may
be. Members desiring non-deduction of zakat are also requested to submit a valid declaration for non-
deduction of zakat.

CDC account holders are requested to submit their declaration for non-deduction of zakat to the relevant
member stock exchange or to CDC if maintaining CDC investor account.
6. PAYMENT OF DIVIDEND THROUGH BANK ACCOUNT OF THE SHAREHOLDER:

Pursuant to the requirement of Section 242 of the Companies Act, 2017, shareholders are MANDATORILY
required to provide their International Bank Account Number (IBAN) to receive their cash dividend directly
in their bank accounts instead of dividend warrants. In this regard and in pursuance of the directives
of the SECP vide Circular No. 18 of 2017 dated August 01, 2017, shareholders are requested to submit
their written request (if not already provided) to the Company’s registered address, giving particulars of
their bank account. In the absence of shareholder’s valid bank account detail by September 15, 2021, the
Company will be constrained to withhold dividend of such members.

CDC account holders are requested to submit their mandate instruction to the relevant member stock
exchange or to CDC if maintaining CDC investor account.

7. SUBMISSION OF COMPUTERIZED NATIONAL IDENTITY CARD (CNIC) FOR PAYMENT OF FINAL CASH
DIVIDEND 2020-21:

Pursuant to the directives of SECP, CNIC number of shareholders is MANDATORILY required for payment
of dividend. Shareholders are therefore, requested to submit a copy of their valid CNIC (if not already
provided) to the Company on its registered address / Share Registrar. In the absence of a member’s valid
CNIC, the Company will be constrained to withhold payment of cash dividend to such members.

CDC account holders are requested to submit attested copy of their CNIC to the relevant member stock
exchange or to CDC if maintaining CDC investor account.
8. UNCLAIMED DIVIDEND AND UNDELIVERED SHARE CERTIFICATES

The Company has previously discharged its responsibility under Section 244 of the Companies Act, 2017
whereby the Company approached the shareholders to claim their unclaimed dividends and undelivered
share certificates in accordance with the law.

Shareholders, whose dividends still remain unclaimed and/or undelivered share certificates are available
with the Company, are hereby once again requested to approach the Company to claim their outstanding
dividend amounts and/or undelivered share certificates.

ANNUAL REPORT 2021 253