Karachi: LSE Ventures Limited has successfully completed the subscription for its right issue, with directors and substantial shareholders fully subscribing to their entitlement. An amount totaling PKR 87,342,185 was secured, representing 17,468,437 right shares at an exercise price of PKR 5 per share, which accounts for 43.67% of the total right issue. This financial move, permitted under the Companies (Further Issue of Shares) Regulations, 2020, occurred on December 23, 2025.
The subscription was confirmed through an auditor’s certificate dated December 24, 2025, issued by M/s Ilyas Saeed & Co., Chartered Accountants. This certificate, presented to the Pakistan Stock Exchange (PSX), verifies the receipt of the subscription money, ensuring compliance with the guidelines set forth by the Institute of Chartered Accountants of Pakistan.
According to information available from the Pakistan Stock Exchange (PSX), the distribution of shares among the directors and substantial shareholders was comprehensive. LSE Capital Limited, the largest shareholder before the right issue, subscribed to 11,135,988 shares for PKR 55,679,940. Mrs. Humera Muhammad Iqbal followed with 4,488,013 shares, contributing PKR 22,440,065. Other notable subscribers include Acme Mills (Private) Limited and Icon Management (Private) Limited, each with 667,237 shares for PKR 3,336,185.
The management of LSE Ventures Limited ensured adherence to all regulatory requirements, maintaining transparent accounting records and securing approvals from relevant authorities. The statutory auditors conducted a thorough review, confirming the accuracy of the subscription process and the integrity of financial documentation.
This successful subscription marks a significant step for LSE Ventures Limited, aligning with their strategic financial goals and fortifying their market position within the designated market category.