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Pak Elektron Ltd
14km, Ferozepur Rd
Phone: +92 4235920151p:+92 4235920151 LAHORE, 54760  Pakistan Ticker: PAELPAEL
Business Summary
Pak Elektron Limited is a Pakistan-based company, which is engaged in the manufacturing and sale of electrical capital goods and domestic appliances. The Company provides various appliances and power products. Its Power Division is engaged in the manufacturing and distribution of transformers, switchgears, energy meters, power transformers, construction of grid stations and electrification works. Its Appliances Division is engaged in the manufacturing, assembling and distribution/sale of Refrigerators, air conditioners, deep freezers, microwave ovens, Washing Machines, Water Dispensers, LED televisions and other domestic appliances. Its EPC Department takes up turnkey contracts involving engineering, procurement, and construction (EPC) for building power infrastructure projects comprising electrical networks/electrification and grid stations up to 220 kilovolts (KV) level. The Company constructs power grid stations for government as well as private customers.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/202312/31/2023Yes----

Industries
SIC Code Description
3639 Household appliances, not elsewhere classified
3634 Electric housewares and fans
5064 Electrical appliances, television and radio sets

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Executive Chairman of the Board M. NaseemSaigol 1/13/2015
Chief Executive Officer, Managing Director, Executive Director Muhammad MuradSaigol 3/31/2016 1/1/2015
Chief Financial Officer, Executive Director Syed ManzarHassan 10/23/2013 10/23/2013
7 additional Officers and Directors records available in full report.

Business Names
Business Name
PAEL
Pak Elektron Limited

General Information
Number of Employees: 4,238 (As of 12/31/2023)
Outstanding Shares: 856,012,155 (As of 12/31/2023)
Shareholders: 2,911
Stock Exchange: PSX
Fax Number: +92 4235920191


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Wednesday, April 24, 2024