Mughal Iron & Steel Industries Successfully Completes Sukuk-V Redemption

Lahore: Mughal Iron & Steel Industries Limited has announced the successful final redemption of its Sukuk-V certificates, as of July 21, 2026.

The company confirmed that the privately placed, secured, and rated Sukuk-V certificates, valued at Rs. 2.50 billion, have been fully redeemed along with the associated profit. The announcement was made on July 22, 2026, marking the completion of the financial obligation to the certificate holders.

According to information available from the Pakistan Stock Exchange (PSX), this redemption represents a significant milestone for Mughal Iron & Steel Industries Limited. The company had issued these certificates as a financial instrument to raise capital, and their redemption signifies the conclusion of this particular financial commitment.

Mughal Iron & Steel Industries, a key player in the designated market category, demonstrates its financial stability and strategic management through this redemption. Certificate holders have received their due returns, reinforcing confidence in the company’s fiscal responsibility and operational integrity.