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Mari

Mari Energies Limited reported no cash dividends, bonus shares, or right shares for the six months ended December 31, 2024. The company has changed its name to Mari Energies Limited and received strong credit ratings of AAA (Long Term) and A1+ (Short Term) from PACRA. The half-yearly financial statements will be available on the company's website and transmitted through PUCARS.

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Zubair Ahmed
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31 views2 pages

Mari

Mari Energies Limited reported no cash dividends, bonus shares, or right shares for the six months ended December 31, 2024. The company has changed its name to Mari Energies Limited and received strong credit ratings of AAA (Long Term) and A1+ (Short Term) from PACRA. The half-yearly financial statements will be available on the company's website and transmitted through PUCARS.

Uploaded by

Zubair Ahmed
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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Thru PUCARS

CA-25-4349
January 27, 2025
The General Manager
Pakistan Stock Exchange Limited
Stock Exchange Road
Karachi

Subject: Financial Results for the Six Months ended on December 31, 2024

Dear Sir,

1. Further to our letter No. CA-25-4338, dated January 16, 2025, it is informed that the Board of
Directors of Mari Energies Limited, in its meeting held today i.e. January 27, 2025, at 12:00
p.m., has recommended the following:

a. CASH DIVIDEND : NIL


b. BONUS SHARES : NIL
c. RIGHT SHARES : NIL

2. The Financial Results of the Company for H1 FY25 are attached at Annexure 'A'.

3. Change of Company Name: Following the approval granted by the shareholders and the
SECP, the name of the Company has been changed to Mari Energies Limited.

4. Credit Rating: Pakistan Credit Rating Agency (PACRA) has affirmed strong operational and
financial positioning of the Company through AAA (Long Term) and A1+ (Short Term)
rating.

5. The half-yearly financial statements will be transmitted through PUCARS and will be
available on the Company’s website (www.marienergies.com.pk), in due course of time.

You may please inform the TRE Certificate holders of the Exchange, accordingly.

Very truly yours,

Brig Sumair Ashraf Sheikh (Retd)


Company Secretary

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