K-Electric Limited Sees Minimal Share Movement Following Executive’s Spousal Acquisition of Shares

Karachi: K-Electric Limited, a prominent player in Pakistan's energy sector, has disclosed recent share transactions involving individuals closely related to its executive team. The transaction, conducted on May 27, 2025, involved the purchase of shares by Maryam Ali, the spouse of Muhammad Haris Sarfaraz, an executive at K-Electric Limited.

According to the details released, Maryam Ali acquired 100,000 shares at a rate of 5.77 each. This purchase represents a cumulative holding of 100,000 shares, translating to a negligible cumulative percentage in terms of overall shareholding.

According to information available from the Pakistan Stock Exchange (PSX), this transaction is categorized as a Minor move. The change in shareholding percentage remains insignificant, reflecting minimal impact on the overall market perception of K-Electric Limited's stock.

This disclosure is part of the requirements under PSX Regulation 5.6.4, which mandates the reporting of share transactions by company directors, executives, and their immediate family members. Such transparency ensures stakeholders are informed of any potential influences on shareholding patterns within publicly traded companies, particularly within the designated market category of the Pakistan Stock Exchange.