Karachi: LSE Capital Limited has announced the successful completion of its rights shares subscription, a critical step in its capital-raising initiative. According to documents dated March 12, 2026, the company confirmed that all 24,693,310 right shares on offer have been fully subscribed, with the total subscription amount reaching PKR 123,466,550.

The financial details of the transaction were corroborated by an auditor’s certificate, which verified the receipt of the full subscription amount. The funds were collected through various channels, including PKR 110,446,495 deposited in an account at Faysal Bank Limited and PKR 13,020,055 received via the Central Depository Company of Pakistan’s (CDC) online payment option.

LSE Capital Limited has requested the issuance of a No Objection Certificate (NOC) from the Pakistan Stock Exchange (PSX) to facilitate the release of the subscription funds. The NOC is sought for Faysal Bank Limited and the Central Depository Company of Pakistan Limited, which are integral to concluding the transaction. According to information available from the Pakistan Stock Exchange (PSX), the request aligns with regulatory requirements for the issuance of rights shares.

The completion of this subscription increases the company’s paid-up capital from 362,306,690 shares to 387,000,000 shares, with the par value per share remaining at PKR 5. Consequently, the paid-up capital has risen from PKR 1.81 billion to PKR 1.94 billion, reflecting a significant move in the company’s equity structure.

The documentation confirms that all regulatory requirements associated with the allotment of shares have been fulfilled. The company’s management has assured that no additional conditions have been imposed by regulatory bodies, including the Securities and Exchange Commission of Pakistan, at this stage.

This issuance marks an important step for LSE Capital Limited as it seeks to bolster its financial base and improve market positioning in the competitive financial sector. The company awaits the formal issuance of the NOC, which will allow it to proceed with the next phases of its strategic plans.