JS Bank Limited Announces Book Closure Dates for TFC Profit Payment

Karachi: JS Bank Limited has announced the book closure dates for the ninth profit payment of its Term Finance Certificates (TFC) IV, which was issued on December 28, 2021, under the symbol "JSBLTFC3." The profit payment is scheduled for June 28, 2026. The transfer books related to this TFC will be closed from June 21, 2026, to June 28, 2026, inclusive of both dates, for the determination of entitlements.

The TFC, categorized as a Tier 2 Capital Issue, involves a total amount of PKR 2.50 billion. The bank has advised all TFC holders to ensure that any changes in their address and income tax exemption status are promptly communicated to the bank's registrar, M/s. CDC Share Registrar Services Limited, located at CDC House, 99-B, Block 'B', S.M.C.H.S., Main Shahrah-e-Faisal, Karachi.

According to information available from the Pakistan Stock Exchange (PSX), the announcement was also published in "The News" and "Daily Jang" newspapers in the Karachi, Lahore, and Islamabad editions on June 15, 2026. The bank has ensured that TRE Certificate Holders of the Exchange are informed accordingly.

JS Bank Limited's decision to announce book closure dates ahead of the profit payment is a procedural step aimed at determining the rightful entitlements of the TFC holders. The financial community will be observing the process closely, given the substantial amount involved in the TFC issue.