Karachi: Mughal Iron & Steel Industries Limited has announced the schedule for its 19th rental and 15th principal payment for its Sukuk Certificates – I. As per the company’s notice on November 14, 2025, the payments are due on Tuesday, December 2, 2025. To facilitate this, the transfer books will be closed from November 26 to December 2, 2025, inclusive of both dates.
The notice specifies that the Central Depository System (CDS) Transaction IDs must be received in order by the Share Registrar, M/S THK Associates (Private) Limited, by the close of business on November 25, 2025, to ensure timely processing for sukuk holders. Investors are reminded to update their International Bank Account Numbers (IBAN) by the same deadline.
Additionally, profit from these sukuks is subject to income tax withholding as per Section 151 of the Income Tax Ordinance, 2001. Investors are advised to submit valid Income Tax Exemption Certificates to the Share Registrar by the close of business on November 25, 2025, if applicable.
According to information available from the Pakistan Stock Exchange (PSX), the market has been closely monitoring these developments, given the broader context of sukuk investments.
The designated market category for Mughal Iron & Steel Industries Limited remains a point of interest as stakeholders await the upcoming financial transactions.