Karachi: Mughal Iron & Steel Industries Limited is set to expand its presence in the financial market with the listing of its Class "C" Ordinary Shares on the Pakistan Stock Exchange (PSX), effective Tuesday, June 17, 2025. This significant development marks a new chapter for the company as it seeks to enhance its market visibility and attract investors.

Trading of the Class "C" Ordinary Shares will commence on the Main Board of the PSX, with transactions settled on a T+2 basis. The inaugural settlement date is scheduled for Thursday, June 19, 2025. Investors can acquire shares in single units, with each share priced at PKR 10.

According to information available from the Pakistan Stock Exchange (PSX), these shares have already been recognized as eligible securities by the Central Depository Company of Pakistan Limited. Transactions involving the shares will be processed through the National Clearing Company of Pakistan Limited, which has designated the security symbol "MUGHALC" for these shares.

The opening price for the Class "C" Shares has been set at PKR 45 per share, as announced by Mughal Iron & Steel Industries. This information was made public on June 13, 2025, through the PUCARS system.

The Share Registrar for the company is THK Associates (Pvt.) Limited, located at Plot No. 32-C, Jami Commercial Street-2, D.H.A. Phase VII, Karachi. Interested parties can reach out via phone at (021) 111-000-322 for further inquiries and details regarding the shares.

This listing represents a strategic move in the market category, allowing Mughal Iron & Steel Industries Limited to strengthen its position and engage with a broader investor base.