MCB Notice to Shareholders: Submit IBAN and CNIC to Receive Cash Dividend (SECP Requirement)
MCB Notice to Shareholders · Quetta · Jang,
Notice advertisement published in Jang on Tuesday, 27 October 2026, listed under Quetta. Issued by MCB Notice to Shareholders.
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Issuer: MCB Bank. Purpose: Inform shareholders of SECP requirement to receive cash dividend payments only through electronic transfers into shareholders' bank accounts (IBAN) linked with their valid CNIC. Shareholders must provide/updatetheir IBAN and CNIC details with their Central Depository account or the company/registrar so dividends can be credited electronically.
The notice also cites applicable tax withholding under the Income Tax Ordinance (sections cited) for shareholders who do not provide required documentation.
| What to submit | Why |
|---|---|
| Valid CNIC / National ID | To verify identity and link to investor account |
| Bank IBAN (account in shareholder's name) | To receive cash dividend electronically as mandated by SECP |
| Update with CDC / company registrar | Ensures credit of dividends and correct tax treatment |
Tax note: The notice references withholding provisions under the Income Tax Ordinance and indicates that higher/default tax withholding may be applied where required documentation (CNIC/IBAN/NTN as applicable) is not provided.
No application fee or physical collection procedure is specified in the notice text; shareholders should contact their broker, CDC participant, or the company/registrar for submission details.
Published in Jang on Tuesday, 27 October 2026. DailyAds.pk indexes newspaper advertisements; the original notice and the issuing organisation remain the source for final terms and eligibility.
Questions about this notice
- What is the last date for this notice?
- This advertisement prints no last date. Read the clipping and confirm with MCB Notice to Shareholders.
- Which newspaper published this notice?
- Jang, in the edition of Tuesday, 27 October 2026.
- Which city is this notice listed under?
- Quetta. That is the city recorded for this advertisement — taken from the notice where it names a place, and otherwise from the newspaper edition it appeared in.
- How do I respond to this notice?
- Follow the instructions printed in the clipping. The supplied source link may lead to a newspaper page or image; it is not necessarily an application portal. Applications are not submitted through this page.
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