Karachi: K-Electric Limited has announced the suspension of trading for its Sukuk, identified as [KELSC6], in anticipation of the upcoming book closure period set to facilitate the 11th profit payment. The book closure is scheduled to commence on May 15, 2025, and conclude on May 23, 2025. This suspension will span from May 14, 2025, to May 23, 2025, with trading set to resume on May 26, 2025.

K-Electric Limited's decision aligns with its operational protocols to ensure a smooth processing of the profit payment for its Sukuk holders. According to information available from the Pakistan Stock Exchange (PSX), such measures are standard practice within the designated market category to maintain regulatory compliance and transparency.

The suspension period is critical for stakeholders, allowing the company to manage the financial transactions associated with the Sukuk's profit distribution without trading interruptions. The resumption of trading on May 26, 2025, will mark the end of this temporary suspension, reinstating regular market activities for K-Electric Limited's financial instrument.