At-Tahur Limited repays Rs178 million Sukuk principal, makes quarterly profit payment

At-Tahur Limited has paid Rs178 million in principal on its Sukuk-III issue, along with the quarterly profit due to certificate holders. Profit reported that the company disclosed the payment in a notice to the Pakistan Stock Exchange on Wednesday, stating it was made on October 13.

The redemption was carried out against the Rs800 million issue's original size, as the governing terms required. The company stated that the amount paid covered both principal and the applicable quarterly profit. The transfer, it said, showed that it is honouring what it owes certificate holders on time.

Going forward, the company will keep meeting later instalments under the certificate terms and follow disclosure rules from the PSX and other regulators, it added in its notice.