Karachi: Karachi Electric has issued a notification regarding the book closure dates for its 9th profit or rental payment on KE SUKUK-6, scheduled for November 22, 2024. The announcement was made in a letter addressed to the General Manager of the Pakistan Stock Exchange Limited, dated October 17, 2024.

The transfer books for KE SUKUK-6 will be closed from November 14, 2024, to November 23, 2024, inclusive of both dates, to facilitate the upcoming distribution. According to information available from the Pakistan Stock Exchange (PSX), transfer requests for the securities must be submitted by the end of business on November 13, 2024, to ensure timely processing of the profit or rental payments.

This financial instrument continues to play a significant role in Karachi Electric's funding strategy, offering periodic returns to investors. The company's approach ensures compliance and transparency in its financial dealings, aligning with regulatory requirements and investor expectations.

The designated market category for KE SUKUK-6 is noted in the communiqué sent to key stakeholders including the Securities and Exchange Commission of Pakistan and the Central Depository Company of Pakistan, ensuring all regulatory bodies are informed in advance of the closure period.