Lahore: Panther Tyres Limited has announced the successful redemption of its privately placed short-term Sukuk certificates, fulfilling all associated financial obligations. The redemption, which amounted to Rs. 2 billion, was completed on June 30, 2026, as confirmed by the company in compliance with Sections 96 and 131 of the Securities Act, 2015, and Clause 5.6.1(a) of the Rule Book of the Pakistan Stock Exchange Limited.

The company has confirmed the complete settlement of principal and accrued profits related to the Sukuk certificates. This financial maneuver highlights Panther Tyres Limited’s adherence to the terms and conditions of the issuance, securing its obligations to the investors.

According to information available from the Pakistan Stock Exchange (PSX), the redemption marks a significant financial event for Panther Tyres Limited, underscoring the company’s commitment to maintaining financial discipline and transparency in its market operations.

The move is categorized under the designated market category, ensuring that all procedural and regulatory measures have been followed meticulously. Panther Tyres Limited’s timely and full discharge of its Sukuk obligations reflects positively on its financial management and operational strategy.