Karachi, Kashf Foundation has officially announced the book closure dates for the last principal repayment and profit payment of its Term Finance Certificates (TFCs) listed on the Stock Exchange. This marks the final installment as the facility is set to mature on September 30, 2023.
Book Closure Period
The book closure period will be in effect from September 24, 2023, to September 30, 2023. During this period, shareholders and investors will not be able to trade or make transactions involving Kashf Foundation's TFCs listed on the Stock Exchange.
Milestone for Kashf Foundation
This last principal repayment and profit payment serve as a significant milestone for Kashf Foundation, underlining its commitment to fulfilling its financial obligations to its investors. The Foundation has a long-standing reputation for providing financial services to empower individuals and communities, and this announcement reflects its dedication to maintaining the highest standards of financial integrity.
Investors and stakeholders are encouraged to take note of these book closure dates and make necessary arrangements. Kashf Foundation remains committed to transparency and timely financial operations, and this step ensures that all investors receive their dues as the TFC facility reaches maturity.