Karachi: Mughal Iron and Steel Industries Limited has announced the schedule for the second profit payment for its Sukuk Certificates – V. The payment is due on October 21, 2025. To facilitate the determination of profit payment entitlements, the company has declared a closure period for the transfer books from October 15 to October 21, 2025, inclusive of both dates.
Sukuk holders must ensure that their Central Depository System (CDS) transaction IDs are in order and submitted to the share registrar, M/s. Digital Custodian Company Limited, located at Perdesi House, 4th Floor, Old Queens Road, Karachi, by the close of business on October 14, 2025. This will ensure that they are eligible for the upcoming profit payment.
According to information available from the Pakistan Stock Exchange (PSX), the company has advised Sukuk holders to update their international bank account number (IBAN) details by the deadline of October 14, 2025, to facilitate smooth transactions. Additionally, Sukuk holders need to submit valid income tax exemption certificates to the share registrar by the same date to avoid deductions under section 151 of the Income Tax Ordinance 2001.