Karachi: LSE Capital Limited has officially announced a subdivision of its shares, following special resolutions passed at its Annual General Meeting held on November 27, 2025. This decision, which affects the face value of the company's shares, aligns with the provisions under Section 85(1)(c) of the Companies Act, 2017. As per the resolutions, the face value of each share will be reduced from Ten Rupees (Rs. 10/-) to Five Rupees (Rs. 5/-), effectively doubling the number of shares held by shareholders without altering any associated rights or privileges.
The company has set a specific timeframe to determine the entitlement for these subdivided shares. According to the announcement, the Share Transfer Book will be closed on Saturday, December 13, 2025. Share transfers must be completed by the close of business on Friday, December 12, 2025, at the office of the Company’s Share Registrar to be eligible for the new shares.
This administrative action requires certain procedural steps from shareholders. Those holding physical share certificates are instructed to submit their original certificates, along with any verified transfer deeds, to the Share Registrar, F.D. Registrar Services Limited, located at Saima Trade Tower-A, I.I. Chundrigar Road, Karachi, after December 15, 2025. This submission will facilitate the exchange for new share certificates reflecting the updated face value of Rs. 5/- per share.
According to information available from the Pakistan Stock Exchange (PSX), such corporate actions, while routine, require careful coordination to ensure compliance with statutory requirements and to facilitate seamless transitions for shareholders. LSE Capital Limited has emphasized that this subdivision does not impact shareholder rights, maintaining all privileges associated with existing shares.
The company has also ensured that necessary communications, including advertisements, have been disseminated to keep all stakeholders informed. Shareholders and TRE Certificate holders have been advised to take note of these changes and comply with the procedural requirements to ensure a smooth transition to the newly subdivided shares.