Karachi: In a recent notice to its members and shareholders, LSE Capital Limited disclosed that the upcoming election for the board of directors at its Extraordinary General Meeting (EOGM) will proceed without contest. The meeting is scheduled for April 6, 2026, and the announcement was made public on March 30, 2026.

The list of individuals who have submitted their notices of intention to stand as candidates for election includes three from the Shareholders Category: Ms. Aasiya Riaz, Ms. Riffat Shaheen, and Syed Muhammad Talib Rizvi. Additionally, three candidates have been proposed from the Independent Category: Ms. Tram Macibool Aamir, Mr. Rehman UI Haq, and Mr. Shoaib Mir.

The procedure for electing the Chief Executive Officer/Executive Director of the company will follow the election of the board members. The elected board is tasked with appointing the CEO/Executive Director for a term of three years, as per the contractual stipulations set forth.

According to the notice, since the number of candidates equals the number of vacancies on the board, all six individuals shall be automatically deemed elected under Section 159(1) of the Companies Act, 2017. This automatic election circumvents the need for a voting process, streamlining the appointment.

According to information available from the Pakistan Stock Exchange (PSX), the designation of LSE Capital Limited falls within the financial sector market category. This classification provides context to the importance of board elections and leadership decisions within the company.

The upcoming EOGM will formalize these appointments, setting the stage for the company’s strategic direction over the next three years.