Pakgen Power Limited Maintains Silence on Circular Debt Article

Lahore: Pakgen Power Limited has opted not to comment on a recent article by Mettis Global Link News, dated July 01, 2025. The article, titled "The Silent Transition in Circular Debt: Fiscal Year Closes, Market Awaits Clarity," prompted a letter from regulatory authorities seeking the company's stance on the publication's claims.

In a response dated July 04, 2025, Pakgen Power Limited stated its position clearly, indicating it has no comments on the article. The company suggested that any inquiries regarding the accuracy of statements in the publication should be directed to the article's author or publisher.

Pakgen Power Limited emphasized its adherence to the Pakistan Stock Exchange (PSX) regulations, particularly regarding the dissemination of material information. The company confirmed its compliance with all requirements related to the receipt of payments, as outlined in a Negotiated Settlement Agreement. According to information available from the Pakistan Stock Exchange (PSX), the company remains committed to transparency and regulatory obligations.

The market category for Pakgen Power Limited involves the energy sector, a key area of interest for investors and stakeholders monitoring developments in the context of circular debt. The company assured that it remains open to addressing any additional queries from regulatory bodies or stakeholders.