Karachi: Bank Alfalah Limited announced that the register of Term Finance Certificate (TFC) holders will remain closed from June 10, 2025, to June 20, 2025, as the institution prepares to determine eligibility for its fifth coupon payment. This payment is part of a semiannual profit distribution scheme for TFC holders.

The closure of the register is a routine procedure designed to establish the list of certificate holders entitled to receive the 5th coupon payment. Only those whose names appear on the register as of the book closure date will qualify for the profit payment. Transfers received at the Karachi-based Registrar and Share Transfer office of Bank Alfalah by the end of business on June 5, 2025, will be considered timely for entitlement purposes.

According to information available from the Pakistan Stock Exchange (PSX), this measure ensures an organized and accurate distribution process for the semiannual profit payments to the certificate holders. The designated market category for these securities is vital for maintaining the clarity and precision of financial transactions within the company.

This announcement aims to provide transparency and ample notice for TFC holders, allowing them to make informed decisions regarding their investments with Bank Alfalah.