Mughal Iron and Steel Industries Limited Announces Payment of Profit and Repayment of Principal on Sukuk Certificates-I

Karachi, Mughal Iron and Steel Industries Limited has released a statement detailing the payment of profit and repayment of the principal amount on their debt securities, specifically Sukuk Certificates-I. The company has provided a comprehensive schedule of the payment dates for both profit and principal:

1st profit payment: Due date - June 02, 2021; Payment date - June 02, 2021

2nd profit payment: Due date - September 02, 2021; Payment date - September 02, 2021

3rd profit payment: Due date - December 02, 2021; Payment date - December 02, 2021

4th profit payment: Due date - March 02, 2022; Payment date - March 02, 2022

5th profit payment & 1st principal repayment: Due date - June 02, 2022; Payment date - June 02, 2022

6th profit payment & 2nd principal repayment: Due date - September 02, 2022; Payment date - September 02, 2022

7th profit payment & 3rd principal repayment: Due date - December 02, 2022; Payment date - December 02, 2022

8th profit payment & 4th principal repayment: Due date - March 02, 2023; Payment date - March 02, 2023

9th profit payment & 5th principal repayment: Due date - June 02, 2023; Payment date - June 02, 2023