Karachi, K-Electric, the leading power utility company in Pakistan, has received a significant development regarding its ownership structure. The majority owners of IGCF SPV 21 Limited, the offshore holding company of KES Power Limited, have expressed their intention to acquire a direct stake in K-Electric Limited (KE).

In compliance with Section 96 and Section 131 of the Securities Act, 2015, and Clause 5.6.2 of the Rule Book of Pakistan Stock Exchange Limited, K-Electric has officially conveyed the information to its shareholders and the market.