Lahore: Mughal Iron & Steel Industries Limited has successfully completed the principal and profit payment of its Rated, Listed, Secured, and Privately Placed Short Term Islamic Certificates Sukuk-VII, as per the official report dated August 18, 2026. The certificates, amounting to PKR 1.5 billion, were issued on November 14, 2025.
The repayment process was executed through three equal principal installments of PKR 500 million each. The company also disbursed three quarterly profit installments, adhering to the terms agreed upon at the time of issuance.
According to information available from the Pakistan Stock Exchange (PSX), the financial maneuvering by Mughal Iron & Steel Industries Limited is part of its strategic financial management to ensure timely obligations and maintain investor confidence in the market. The substantial repayment underscores the company's commitment to meeting its financial obligations punctually.
Mughal Iron & Steel Industries Limited's Sukuk-VII certificates are categorized under the designated market category, reflecting their structured and secure nature within the financial landscape.