Lahore: LSE Capital Limited has announced that it has dispatched the Letter of Rights, CDC Intimation Letters, and Schedule 1 (Offer Document) to its shareholders on Friday, February 13, 2026. This move is part of the company’s compliance with Clause 5.6.9(b) of the Rule Book of the Exchange, ensuring transparency and timely communication with its stakeholders.
The company has credited unpaid rights to the shareholders’ respective Central Depository System (CDS) accounts as of February 11, 2026. The ratio for this credit stands at 6.82 ordinary shares for every 100 shares held as of the close of business on February 9, 2026. The trading of the unpaid rights commenced on February 12, 2026, at the Pakistan Stock Exchange. The last date for trading these rights is set for February 26, 2026, while the subscription offer concludes on March 5, 2026.
According to information available from the Pakistan Stock Exchange (PSX), the rights issue has been structured to allow shareholders to renounce their rights in favor of others, broadening the scope for participation. Payment for the subscription can be made through various banking channels, including cash, cheque, demand draft, or pay order to the credit of ‘LSE Capital Limited-Right Subscription Account.’ Additionally, non-resident Pakistani and foreign certificate holders are required to send their demand drafts to the company secretary with requisite documentation before the deadline.
Shareholders can choose to exercise their rights through the CDS, with the provision to update their Right Subscription Request for full or partial offers. Payment acceptance will be considered as acceptance of the rights offer, with all cheques and drafts needing to be drawn on banks situated in the same city as the deposit.
For those holding unpaid rights in physical form, the company has outlined procedures for deposit into CDS, with a deadline five business days before the last trading date, February 26, 2026. The process requires shareholders to submit duly signed letters of rights along with a securities deposit form.
Finally, any fractional rights will be consolidated and sold on the Pakistan Stock Exchange, with proceeds distributed to entitled shareholders in accordance with applicable laws. The company has reiterated its commitment to ensuring a smooth and efficient process for all stakeholders involved in the rights issue.