Lahore: At-Tahur Limited has declared its decision to proceed with the early redemption of its First Privately Placed Islamic Sukuk, amounting to Rs. 750 million. This announcement was made in compliance with Section 96 of the Securities Act and Clause 5.6.1(a) of the Pakistan Stock Exchange (PSX) Regulations. The early redemption decision was made with the consent of the Sukuk bondholders.

The redemption plan includes the final payment of the principal amount along with the profit accrued over the fund utilization period. The company has also announced a book closure period for the payment of these Sukuk certificates. The book closure will take place from April 15, 2025, to April 21, 2025, inclusive of both days.

According to information available from the Pakistan Stock Exchange (PSX), the management of At-Tahur Limited has requested the dissemination of this information to all TRE Certificate holders of the Exchange. The decision underscores the company's commitment to fulfilling its financial obligations in a timely manner within the designated market category.

The early redemption of the Sukuk certificates marks a significant financial move for At-Tahur Limited, as it aims to manage its financial liabilities effectively. The company has ensured that all necessary compliance measures are adhered to, as outlined in the relevant regulatory frameworks.