NOTICE OF BOOK CLOSURE - ISLAMIC COMMERCIAL PAPER - I

We wish to inform you that Register of Mughal Iron & Steel Industries Limited - Islamic Commercial Paper - (I) will remain closed from 14th July, 2022 to 21st July, 2022 (Both days inclusive) on account of payment of provisional profit and redemption of musharakah capital which is due on July 21, 2022. Transaction IDs received in order by the Share Registrar, M/s. THK Associates (Private) Limited, 32-C, Jami Commercial Street 2, D.H.A Phase VII, Karachi, up to the close of business on 13th July, 2022 will be treated in time for entitlement of Islamic Commercial Paper holders for the said payments.

Islamic Commercial Paper holders are requested to provide/update their correct International Bank Account Number ("IBAN") details latest by 13th July, 2022.

Amount of profit to Islamic Commercial Paper holder is subject to deduction of withholding tax under Section 151 of the Income Tax Ordinance, 2001. Persons seeking exemption from deduction of income tax or those persons who are eligible for deduction at a reduced rate are requested to submit a valid tax exemption certificate or necessary documentary evidence to the Company's share registrar, as the case may be latest by 13th July, 2022.

For and on behalf of,

MUGHAL IRON & STEEL INDUSTRIES LIMITED

Mughal Iron & Steel Industries Ltd. published this content on 01 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 July 2022 05:32:05 UTC.