With the promulgation of the Companies Act 2017, it has become mandatory for all listed companies to process their dividends electronically and under SECP’s recently promulgated ‘The Companies (Distribution of Dividends) Regulations 2017’, every listed company is required to provide the details of cash dividends including calculation of dividend amount, tax and zakat deductions etc….
CDC’s eServices – introduction of eDividend facility
CEO-CDC selected Vice Chairman of ACG Executive Committee
Mr. Aftab Ahmad Diwan (CEO – CDC) selected Vice Chairman of Executive Committee of Asia Pacific Central Securities Depository Group (ACG).
CDC awarded IPO Market Innovation Award – 2016/2017
Central Depository Company of Pakistan Limited (CDC) was awarded the IPO Market Innovation Award-2016/2017 at SAFE PSX Pakistan IPO SUMMIT 2017, held in Lahore, in recognition of its efforts to develop and implement the Centralized eIPO System (CES).