At-Tahur Limited Announces Redemption of PKR 750 Million Sukuk Certificates

Lahore: At-Tahur Limited has announced the redemption of its privately placed Islamic Sukuk certificates, amounting to PKR 750 million. This redemption includes the final payment of both the principal and the profit for the fund utilization period. The decision aligns with section 96 of the Securities Act and clause 5.6.1(a) of the Pakistan Stock Exchange (PSX) Regulations.

The company has declared a closed period for the final payment of the Sukuk certificates from June 3, 2025, to June 12, 2025, which is the maturity date. This period is inclusive of both days. The management has requested that this information be disseminated to all Trading Rights Entitlement (TRE) Certificate holders of the exchange.

According to information available from the Pakistan Stock Exchange (PSX), the redemption of the Sukuk will be executed as per the existing agreements with the Sukuk bondholders. This move marks a significant financial event for At-Tahur Limited, as it fulfills its obligations towards the Sukuk holders in compliance with the agreed terms.

The redemption and the subsequent closed period are significant for stakeholders involved, ensuring the smooth execution of the final payment process. At-Tahur Limited continues to manage its financial obligations in accordance with regulatory requirements and market expectations.