Karachi: Al Meezan Investment Management Limited has successfully completed the cash generation activity for the Meezan Pakistan Exchange Traded Fund (MZNPETF), as per a statement released in continuation of their earlier communication dated June 30, 2025. The activity was carried out in accordance with Section 96 of the Securities Act, 2015, Clause 5.6.1(a) of the Pakistan Stock Exchange (PSX) Regulations, and the offering document for the MZNPETF.

According to the announcement, the completion of this activity marks a significant step in the management and operation of the MZNPETF portfolio. The specific details of the cash generation activity were not disclosed, but the process adhered to the regulatory framework set by the PSX and relevant legislative guidelines.

The Pakistan Stock Exchange, designated as a market for the trading of shares in Pakistan, was informed of this development, with an official request to communicate the update to the TRE Certificate Holders of the Exchange. According to information available from the Pakistan Stock Exchange (PSX), this activity is part of the ongoing efforts to optimize the fund's performance and ensure compliance with the existing financial and regulatory standards.

Al Meezan Investment Management Limited, known for its role in managing a variety of investment vehicles, has maintained compliance with the PSX regulations while executing this cash generation activity. This initiative is expected to impact the market perceptions of the MZNPETF, though the extent of this impact remains to be observed in the subsequent trading sessions.

The announcement is a part of Al Meezan's strategy to maintain transparency with its stakeholders, ensuring that all actions taken are in alignment with the overarching regulatory and operational guidelines. The completion of this activity is anticipated to bolster investor confidence in the Meezan Pakistan Exchange Traded Fund.