Hey @monu_maverick, I do the exact thing you are talking about. Try this, go into Distribution platform, fit a distribution, then in the distributions red arrow options choose capability analysis. From there change the spec limit fit from probability to K sigma. 3 will equal a ppk of 1 and 4 will equal 1.33. It will then output a spec limit and capability analysis for that K sigma level. If this works for you let me know and I'll post a script that will allow you to do this for multiple columns.
Here is the flow using the Semiconductor sample dataset
Make sure to press the "calculate spec limits" button before you press okay (note I removed the spec limits that were loaded from the column property)
Here are the suggested spec limits.
The nice thing about using the "fit best" distribution option is that this method works for normal or non-normal distributions!
Hope this helps
Steve