Ref: MISIL/PSX-Listing/Sukuk-VII/2026 January 06, 2026
The General Manager
Pakistan Stock Exchange Limited Stock Exchange Building
Stock Exchange Road Karachi.
SUBJECT: LISTING OF RATED, SECURED, PRIVATELY PLACED, SUKUK CERTIFICATES OF PKR 1,500 MILLION OF MUGHAL IRON & STEEL INDUSTRIES LIMITED
Dear Sir,
This is to inform you that Pakistan Stock Exchange Limited has notified the listing of Rated, Secured, Privately Placed, Sukuk Certificates ("Sukuks") of PKR 1,500 Million of Mughal Iron & Steel Industries Limited (the "Company") on the Exchange w.e.f. Wednesday, January 07, 2026. (copy attached).
Yours Sincerely,
For MUGHAL IRON & STEEL INDUSTRIES LIMITED
MUHAMMAD FAHAD HAFEEZ
(Company Secretary)
CC: Executive Director / HOD,
Offsite-II Department, Supervision Division, Securities & Exchange Commission of Pakistan 63, NIC Building, Jinnah Avenue, Blue Area, Islamabad.
PSX/N- 22 Dated: January 06, 2026
LISTING OF RATED, SECURED, PRIVATELY PLACED, SUKUK CERTIFICATES OF PKR 1,500 MILLION OF MUGHAL IRON & STEEL INDUSTRIES LIMITEDPakistan Stock Exchange Limited is pleased to notify the listing of Rated, Secured, Privately Placed, Sukuk Certificates ("Sukuks") of PKR 1,500 Million of Mughal Iron & Steel Industries Limited (the "Company") on the Exchange w.e.f. Wednesday, January 07, 2026 pursuant to Chapter 5C of PSX Rule Book, i.e. "Privately Placed Debt Securities' Listing Regulations". Trading in the Sukuks will commence from Thursday, January 08, 2026 through PSX provided trading platforms and will be settled through National Clearing Settlement System (NCSS) on T+1 basis.
The Sukuks have a tenor of 09 months from the Issue date and offer a floating coupon rate of 3 months KIBOR plus 1.30% p.a. Pak Oman Investment Company Limited is acting as the Investment Agent. Only Qualified Institutional Buyers (QIBs), as defined in Chapter 5C of the PSX Rule Book, are allowed to trade in the Sukuks of the Company. The Market Lot will be one Certificate of face value of PKR 1,000,000/- each. The Registrar/Transfer Agent for the Sukuks of the Company is Digital Custodian Limited whose contact details are given below:
Address: 4th Floor, Perdesi House, Old Queens Road, Karachi, Pakistan.
Tel No: 021 32430485
URL: https://www.digitaIcustodian.co
The National Clearing Company of Pakistan Limited has assigned the Security Symbol "MUGHALSTSC" to the Sukuks of the Company.
The Term Sheet of the Issue is attached for the information of all concerned.
Syed Ahmad Abbas Chief Listing Officer
Copy to:
Additional Director / HOD, PMADD, SMD - SECP
Head of Operations - Central Depository Company of Pakistan Limited Head of Operations - National Clearing Company of Pakistan Limited Chief Executive Officer - Mughal Iron & Steel Industries Limited
PSX Website
LISTING DEPARTMENT | UAN: +9221 111-00-11-22 | E-mail: info@psx.com.pk | Web: psx.com.pk