Karachi: LSE SPAC-II Limited has announced the resignation of Syeda Noor ul Ain Ali from its board of directors, effective July 10, 2026. The company disclosed this development in a formal communication dated July 16, 2026, directed towards the TRE Certificate Holders of the Exchange.

LSE SPAC-II Limited, categorized under the designated market, is currently undergoing the process of appointing a new director to fill the resultant vacancy. The Nomination Committee of the Board is actively considering potential candidates for the position, with their selection contingent upon securing the necessary fit and proper clearance from the Securities and Exchange Commission of Pakistan (SECP).

According to information available from the Pakistan Stock Exchange (PSX), the resignation of Syeda Noor ul Ain Ali marks a significant change in the leadership structure of LSE SPAC-II Limited. The company is expected to update the market on its progress regarding the appointment of a new director once a suitable candidate has been identified and approved.

This leadership transition is part of the company's ongoing governance and operational strategies, and stakeholders await further developments as the Nomination Committee progresses in its decision-making process.