Mughal Iron & Steel Industries LtdPSX: MUGHAL

Disclosure of Interest

· Issued by Mughal Iron & Steel Industries Ltd

MISIL/DI/2026 November 17, 2025

The General Manager

Pakistan Stock Exchange Limited, Stock Exchange Building,

Stock Exchange Road, Karachi.

By Courier & PUCARS

SUBJECT: DISCLOSURE OF INTEREST BY A CHAIRMAN/DIRECTOR UNDER 5.6.4 OF PSX REGULATIONS

Dear Sir,

Please find attached Annexure - A containing details of transaction executed by Mirza Javed Iqbal Chairman / Non-Executive Director in the Ordinary Class-C shares of the Company on Friday November 14, 2025. Same will be presented in the upcoming board meeting of the company.

Yours Sincerely,



for MUGHAL IRON & STEEL INDUSTRIES LIMITED



MUHAMMAD FAHAD HAFEEZ

(Company Secretary)

Annexure A

Name:

Mirza Javed Iqbal

Form of share certificate:

CDC

Market:

Through CDC

Nature of transaction:

Gift-in

Ordinary shares

Ordinary Class-C shares

Cumulative Ordinary Shares

Ordinary shares %

Ordinary Class-C shares %

Cumulative Ordinary Shares %

Ordinary shares already held

8,950,420

3,079,769

12,030,189

2.67%

9.32%

3.26%

No. of ordinary shares (Gift In)

-

5,070,271

-

-

-

-

Revised ordinary shares held

8,950,420

8,150,040

17,100,460

2.67%

24.65%

4.64%

Yours Sincerely,



for MUGHAL IRON & STEEL INDUSTRIES LIMITED



MUHAMMAD FAHAD HAFEEZ

(Company Secretary)