⚡ Flash Summary
K-Electric Limited (KEL) has been directed by the Pakistan Stock Exchange (PSX) to submit its annual financial statements and hold its Annual General Meetings (AGMs) for the fiscal years ending June 30, 2024, and June 30, 2025, by March 31, 2026. This directive follows an earlier disclosure made on October 20, 2025. KEL affirms its commitment to complying with all regulatory mandates and will take necessary actions to ensure adherence to these compliance requirements. The company emphasizes its dedication to meeting these obligations within the stipulated timeframe.
📌 Key Takeaways
- ✅ K-Electric (KEL) must submit annual financial statements for FY24 and FY25.
- 🗓️ Deadline for submission and holding AGMs is March 31, 2026.
- 🇵🇰 PSX issued the directive to K-Electric.
- ℹ️ This follows an earlier disclosure on October 20, 2025.
- 📜 Compliance is mandated under Sections 96 and 131 of the Securities Act, 2015.
- 🤝 KEL commits to meeting all regulatory requirements.
- 🚦 The company will take all necessary actions to ensure compliance.
- 🏢 Registered office is at KE House, Karachi.
- 👤 Rizwan Pesnani is the Chief Risk Officer & Company Secretary.
- 📅 Report date is December 03, 2025.
- 🛡️ KEL assures compliance with all regulatory requirements.
- 📑 Disclosure made as per Regulations 5.6.1(a) of PSX Rule Book.
🎯 Investment Thesis
HOLD. The announcement is neutral in nature, focusing on regulatory compliance. A change in investment thesis would require a review of the financial statements for FY24 and FY25. Without this information, it is prudent to maintain a HOLD rating. We will re-evaluate once financials are released.
Disclaimer: AI-generated analysis. Not financial advice.
