Karachi: K-Electric Limited has made a significant disclosure concerning its financial outlook, following a decision by the NEPRA Appellate Tribunal. The company, listed on the Pakistan Stock Exchange, reported on September 24, 2026, that the decision would adversely affect its Multi-Year Tariff (MYT) for the fiscal years 2024 to 2030.

According to information available from the Pakistan Stock Exchange (PSX), K-Electric Limited conveyed that the NEPRA Appellate Tribunal had not considered the submissions from the company's counsel when issuing its order. The decision, based on appeals filed by K-Electric against NEPRA's rulings from October 20, 2025, is expected to have a substantial negative impact on the company's financial sustainability.

K-Electric is awaiting the official receipt of the tribunal's order and is considering its legal options. The company has stated that the current situation is not financially sustainable under the existing tariff conditions.

The report, signed by Chief Risk Officer and Company Secretary Rizwan Pesnani, was submitted in compliance with Sections 96 and 131 of the Securities Act, 2015, and Regulations 5.6.1(a) of the Rule Book of Pakistan Stock Exchange Limited. The company's registered office is located at KE House, 39/B, Sunset Boulevard, Phase II, Defence Housing Authority, Karachi.

The market participants and shareholders have been duly informed of this development, highlighting the complexities and ongoing challenges faced by K-Electric in navigating regulatory decisions that impact its financial operations.