SHC grants interim relief to K-Electric in NEPRA case

News Image

MG News | November 05, 2025 at 03:34 PM GMT+05:00

0:00

November 05, 2025 (MLN): The Sindh High Court has issued interim orders dated November 4, 2025, directing that “no coercive action shall be taken against K-Electric Limited (PSX: KEL) in terms of the impugned NEPRA decision till the next date of hearing.”

According to the company’s filing with the Pakistan Stock Exchange (PSX), K-Electric has filed an appeal before the NEPRA Appellate Tribunal under Section 12-G of the NEPRA Act, 1997, challenging the National Electric Power Regulatory Authority’s (NEPRA) decision dated October 20, 2025.

As the NEPRA Appellate Tribunal is currently non-functional, the company has submitted Constitutional Petitions Nos. D-5384 to D-5387 of 2025 before the High Court of Sindh.

This development follows K-Electric’s earlier disclosure on October 21, 2025, regarding the same regulatory matter.

This disclosure has been made in compliance with Sections 96 and 131 of the Securities Act, 2015, and the PSX Rule Book to ensure transparency and timely dissemination of material information to investors.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 159,578.19
333.05M
-1.06%
-1703.58
ALLSHR 96,931.71
859.27M
-1.06%
-1038.66
KSE30 48,368.92
143.32M
-1.28%
-626.04
KMI30 228,555.67
91.55M
-1.25%
-2892.46
KMIALLSHR 63,191.08
415.18M
-1.09%
-697.97
BKTi 44,527.46
36.31M
-1.13%
-510.27
OGTi 30,789.14
8.49M
-0.76%
-236.44
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 102,125.00 102,705.00
99,285.00
1095.00
1.08%
BRENT CRUDE 64.53 64.95
63.90
0.09
0.14%
RICHARDS BAY COAL MONTHLY 87.00 87.00
87.00
0.20
0.23%
ROTTERDAM COAL MONTHLY 97.50 97.50
97.50
-0.25
-0.26%
USD RBD PALM OLEIN 1,082.50 1,082.50
1,082.50
0.00
0.00%
CRUDE OIL - WTI 60.64 61.09
60.01
0.08
0.13%
SUGAR #11 WORLD 14.21 14.25
14.05
-0.01
-0.07%

Chart of the Day


Latest News
November 05, 2025 at 04:52 PM GMT+05:00

SBP raises around Rs793bn in PIB Auction


November 05, 2025 at 04:47 PM GMT+05:00

FBR offers free help, extends deadline for manual tax filers


November 05, 2025 at 04:01 PM GMT+05:00

PSX Closing Bell: From Boom to Breather


November 05, 2025 at 04:00 PM GMT+05:00

PKR remains flat against USD



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg