Mughal Iron & Steel fully redeems Rs2.5 billion Sukuk-V with profit
Privately placed, secured and rated certificates were due for final redemption on July 21, 2026.
Mughal Iron & Steel Industries Limited has fully redeemed its Rs2.5 billion Sukuk-V certificates along with the applicable profit.
The company informed the Pakistan Stock Exchange on July 22 that the privately placed, secured and rated Sukuk had reached its complete redemption date on July 21, 2026.
The disclosure confirmed that all obligations relating to the certificates had been settled.
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