Ittehad Chemicals to Redeem Rs1.5bn Sukuk

Ittehad Chemicals Limited has informed the Pakistan Stock Exchange that it will partially redeem its ICL/PSX/Sukuk-2026 on July 31, 2026. The company will redeem 50% of the issued amount (Rs1.5 billion) by retiring 15 million Sukuk certificates with a face value of Rs100 each, using proceeds from the capital repayment of the company. The transaction will be completed on July 20, 2026, with the redemption taking effect on July 31, 2026.