Karachi: LSE Ventures Limited has announced the successful completion of its rights shares subscription, marking a significant move in the company’s financial activities. The company confirmed that all 40,000,000 right shares offered have been fully subscribed, as documented in an auditor’s certificate provided to the Pakistan Stock Exchange (PSX) and the Central Depository Company of Pakistan (CDC).
The subscription process, concluded on January 14, 2026, resulted in the collection of a total of PKR 200 million. The breakdown of the subscription shows that 17,468,437 shares were entitled to the company’s directors and substantial shareholders, amounting to PKR 87,342,185. General shareholders contributed through two channels: 18,230,350 shares via a designated bank account, totaling PKR 91,151,750, and 4,301,213 shares through the CDC’s online payment option, adding up to PKR 21,506,065.
According to information available from the Pakistan Stock Exchange (PSX), the company’s paid-up capital has been revised following the rights issue. The paid-up capital now stands at 399,195,760 shares, collectively valued at PKR 1.995 billion, up from the previous 359,195,760 shares valued at PKR 1.795 billion. This adjustment reflects the issuance of an additional 40,000,000 shares.
The successful completion of this rights shares subscription underscores LSE Ventures Limited’s commitment to maintaining compliance with regulatory requirements, as stipulated by the Companies Act 2017, CDC Regulations, and PSX guidelines. The audit procedures conducted by the company’s statutory auditor confirmed the receipt and allocation of the subscription funds, ensuring transparency and adherence to prescribed protocols.
LSE Ventures Limited now awaits the issuance of a No Objection Certificate (NOC) from the PSX, which will facilitate the release of the right shares subscription amount through its bank, Faysal Bank Limited, and the CDC. The designated market category for this transaction falls within the regulatory oversight of Pakistan’s financial market infrastructure.