Karachi: Sindh Lakhra Coal Mining Company (Pvt.) Ltd. (SLCMC), established in 2016, has achieved a historic milestone by declaring its first-ever dividend of Rs. 441 million for its shareholder, Sindh Energy Holding Company (Pvt.) Ltd. (SEHC).

Operating under the Energy Department, Government of Sindh, SLCMC is the province's only fully government-owned coal mining company. With a paid-up capital of Rs. 382 million, the company achieved profitability and financial independence in 2019, and has since strengthened its operations in Lakhra, District Jamshoro, while pursuing future ventures at Sonda, District Thatta.

The dividend cheque was presented by Engr. Mushtaque Ali Panhwar, CEO SLCMC, to Mr. Shahab Qamar Ansari, CEO SEHC. The Rs. 441 million share of profit will be deposited into the Government of Sindh's treasury through SEHC.

The achievement reflects the guidance of the Board of Directors and the Energy Department, as well as the dedication and professionalism of the SLCMC team. The shareholder particularly appreciated and commended Engr. Mushtaque Ali Panhwar for his hard work, effective leadership, strategic vision, and strong focus on transparency, good governance, and financial discipline — factors that have played a pivotal role in transforming SLCMC into a financially sustainable public-sector enterprise.

Dividend cheque handed over to CEO SEHC.

Share certificate presentation ceremony.

SLCMC and SEHC team members at the event.

SLCMC leadership with the shareholder's representatives.

SEHC officials receiving company documents.

SLCMC and SEHC leadership at the presentation.