⚡ Flash Summary

Habib Bank Limited (HBL) has announced the book closure for the twenty-fifth profit payment of its ADT-1 TFC 2019 “HBLTFC2”. The transfer books will be closed from December 20, 2025, to December 26, 2025, inclusive. TFC holders whose names appear in the register on December 19, 2025, will be entitled to the profit payment. HBL emphasizes that profit payments will be directly credited to the TFC holders’ respective IBANs, urging holders to update their details with the CDC Share Registrar Services Limited.

📌 Key Takeaways

• 📅 Book closure for the 25th profit payment of HBLTFC2.
• 🛑 Transfer books will be closed from December 20 to December 26, 2025.
• 🏦 Profit payment eligibility based on register on December 19, 2025.
• 💸 Profit payments will be credited directly to TFC holders’ IBANs.
• ⚠️ TFC holders are urged to update their IBAN details.
• 🏢 CDC Share Registrar Services Limited manages IBAN updates.
• 🇵🇰 Announcement complies with Pakistan Stock Exchange Regulations.
• 📰 Announcement published in Business Recorder and Daily Jang.
• ✉️ Communication for address changes/tax info sent to Bank’s Registrar
• 🌐 CDC’s website provides information and updates: www.cdcsrsl.com
• 📞 Contact CDC Share Registrar at 0800-23275
• 📧 Email inquiries can be sent to info@cdcsrsl.com

🎯 Investment Thesis

Based on the announcement, a HOLD recommendation seems appropriate. The announcement indicates that HBL is adhering to its obligations regarding profit payments on its TFC. There is no indication to revise the valuation or overall assessment of the TFC based solely on this operational update. The investment decision should be predicated on a comprehensive analysis of HBL’s financials, the TFC’s terms, and market conditions.