Engro Polymer and Chemicals Limited (EPCL) has informed Pakistan Stock Exchange Limited today that “In continuation to the announcement dated November 26, 2018, wherein Board of Directors of Engro Polymer and Chemicals Limited (EPCL) approved efficiency project to adopt advanced pure Oxygen based VCM technology. The project has now been successfully commissioned, at a project cost of PKR 2.2 Bn, says stock filling of Khawaja Haider Abbas, Company Secretary.

The company meanwhile, the Board of Directors of Engro Polymer & Chemicals Limited (“the Company”), in their meeting held in Karachi on April 18, 2022, reviewed and approved the un-audited financial results of the Company for the period ended March 31, 2022, and recommended the following:

An Interim cash dividend for ordinary shareholders ended March 31, 2022, Rs 5 per share, i.e., 50%. Besides, an interim cash dividend for preference shareholders ended March 31, 2022, Rs. 0.37 per share, i.e., 3.7%.