Karachi: Samba Bank Limited has announced a brief window during which its Tier II Term Finance Certificate (TFC) transfer books will be closed. This closure is set to occur from August 25 to August 31, 2025, both days inclusive, as part of the bank's preparations for the ninth profit payment to TFC holders. The announcement was made in line with the provisions outlined in Regulation Nos. 12.1.1, 12.2.1, and 12.4.1 of the Central Depository Company (CDC) Regulations.
The notification clearly specifies that this book closure is exclusively relevant to TFC holders, with all activities concerning general meetings and bonus securities deemed not applicable. The bank has requested registration details from account holders and sub-account holders, as per the Central Depositories Act, 1997, and the CDC Regulations, to ensure a seamless process for the upcoming profit payment.
According to information available from the Pakistan Stock Exchange (PSX), the announcement of the book closure is a routine corporate action aimed at organizing the distribution of profit payments to eligible security holders. The designated market category for this corporate action remains specific to the Samba Bank Tier II TFC Certificates, indicating a structured approach to financial management and compliance with regulatory standards.