K-Electric Limited Provides Clarification on Shareholding Structure

Karachi, K-Electric Limited has issued a clarification regarding the circulating information on its shareholding structure. The company assures stakeholders that there have been no changes in the structure of the Board, and the Board members continue to represent the shareholders with a concentrated focus on the company’s growth trajectory in the evolving power sector.

The majority (66.40%) of the shares of K-Electric Limited, listed on the Pakistan Stock Exchange, are owned by KES Power Limited, which is a consortium of investors including Al-Jomaih Power Limited of Saudi Arabia, National Industries Group of Kuwait, and Infrastructure & Growth Capital Fund (IGCF). The Government of Pakistan also maintains a shareholding (24.36%) in the company.

K-Electric Limited emphasizes its commitment to transparency and compliance with the regulations governing public listed companies in Pakistan. Any changes in the shareholding pattern of the company will be disclosed as per the stipulated regulations.

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