Karachi: The Pakistan Stock Exchange announced the suspension of trading in the Sukuk certificates of Mughal Iron & Steel Industries Limited, symbolized as MUGHALSTSC, effective Monday, August 10, 2026. This decision aligns with the company's recent announcement regarding the final book closure date for the redemption of the entire principal outstanding and the payment of accrued profit on these Sukuk certificates.

According to information available from the Pakistan Stock Exchange (PSX), this suspension precedes a forthcoming delisting of the Sukuks, contingent upon the company's fulfillment of all relevant requirements.

Mughal Iron & Steel Industries Limited had earlier declared its intention to close the book on these financial instruments, marking a significant step in the company's financial management strategy. The trading halt signifies a transitional phase as the company prepares for the eventual delisting of the Sukuk certificates, with a separate notice expected to be issued upon meeting the necessary conditions.

The designated market category for Mughal Iron & Steel Industries Limited's Sukuks is expected to remain unchanged until the delisting process is completed. Stakeholders and investors are advised to take note of these developments as the company moves towards finalizing its financial commitments in this regard.