Karachi, National Investment Trust Limited informed Pakistan Stock Exchange that board of directors meeting of the company is scheduled on July 05, 2022 to consider the final dividend for the funds.
Further, the company has declared the closed period from July 01, 2022 to July 06, 2022 (both days inclusive).
The NITL was established as a Trust which was constituted under the Trust Deed dated 12th November 1962, executed between National Investment Trust Ltd (NITL) as Management Company and National Bank of Pakistan as Trustee.
However, subsequently, Central Depository Company of Pakistan Limited (CDCPL) was appointed as the new Trustee of NIUT Fund with the approval of Securities and Exchange Commission of Pakistan.
The change was finalized vide 7th supplemental Trust Deed dated 1st April, 2014 executed between National Investment Trust Limited (NITL) as Management Company and Central Depository Company of Pakistan Limited (CDCPL) as Trustee with effect from 16th May, 2014.