Karachi: Bank Alfalah Limited has announced a suspension of trading in its Term Finance Certificate, identified as [BAFLTFC6], in light of its upcoming book closure for the 17th profit payment. The book closure period is scheduled to run from September 16 to September 25, 2026, with trading activities on the TFC being halted a day earlier, on September 15, 2026. Trading is expected to resume on September 28, 2026.
According to information available from the Pakistan Stock Exchange (PSX), the suspension of trading is a procedural move to facilitate the book closure process. The measure ensures that all transactions are settled prior to the closure period, allowing for an accurate record of shareholders eligible for the profit payment.
Stakeholders and market participants have been duly informed of these arrangements and are advised to plan their transactions accordingly. This step is part of routine financial procedures aimed at maintaining transparency and orderly market operations.