Karachi, Mughal Iron & Steel Industries Limited has issued a notice regarding the book closure for the 9th rental and 5th principal payment of their Sukuk Certificates - I. The payment is scheduled for June 2, 2023. To accurately determine the entitlement of sukuk holders, the company has announced that the transfer books will be closed from May 26, 2023, to June 2, 2023, inclusive of both days.
During this period, the company will not process any transactions related to the Sukuk Certificates - I. Shareholders are advised to take note of the book closure dates and ensure that any Central Depository System (CDS) Transaction IDs are received by the Share Registrar, M/S THK Associates (Private) Limited, in Karachi, before the close of business on May 25, 2023.
Only those transactions received on or before the specified date will be considered for the timely processing of rental and principal payments to the sukuk holders. It is essential for sukuk holders to comply with the given timeline to ensure their entitlement to the upcoming payments.
Mughal Iron & Steel Industries Limited continues to uphold its commitment to providing timely and transparent communication to its shareholders and sukuk holders.