Karachi: LSE SPAC-II Limited has scheduled an emergent meeting of its Board of Directors to deliberate on a potential investment or acquisition involving M.P. Industries Limited, according to a report dated August 13, 2026. The meeting is set for Monday, August 17, 2026, at 10:30 a.m.

In this session, the Board will evaluate the proposed transaction based on a comprehensive due diligence review conducted by M/s Kreston Hyder Bhimji & Co., Chartered Accountants. The assessment will encompass commercial, financial, legal, and strategic dimensions of the investment opportunity.

The Board is expected to decide on the proposed acquisition and the necessary corporate measures for its execution. This includes the possibility of convening an Extraordinary General Meeting (EOGM) to secure shareholder approval through a special resolution, if required.

According to information available from the Pakistan Stock Exchange (PSX), any resolutions or decisions made in this meeting, along with details of the acquisition terms and EOGM notice, will be communicated in compliance with prevailing laws and regulations. The financial community will be keenly observing the outcomes of this meeting, given its implications for both entities involved.