Karachi: LSE Financial Services Limited has announced that its Letter of Rights has been declared as Central Depository System (CDS) Eligible Security by the Central Depository Company (CDC). This comes after the issuance of a formal notice by the CDC, dated October 2, 2026, notifying the eligibility status under Regulation 8AA.2.2 of the Central Depository Company of Pakistan Limited Regulations.
The announcement follows a reference made to a letter from the Pakistan Stock Exchange (PSX) dated September 14, 2026. The official declaration was made effective from Friday, October 2, 2026, and aligns with regulation mandates that require the company to adhere to specific procedural standards set by the CDC.
According to information available from the Pakistan Stock Exchange (PSX), LSE Financial Services Limited is taking steps to ensure that the Right Entitlements are seamlessly integrated into the CDS. The process involves a rights issue offering new securities to holders of existing ordinary shares, which are now recognized as Eligible Securities within the CDS framework.
The company has been advised to coordinate with relevant officials to facilitate the integration of these Right Entitlements into the Central Depository System. The formal notice issued is part of compliance with regulation 8AA.2.2, which governs the eligibility and procedural requirements for securities within the CDS.