Karachi: The 6.82% Right Issue of LSE Capital Limited has been fully subscribed, amounting to Rs. 123.47 million, according to the company’s latest announcement. This development was disclosed as part of the compliance with Clause 7 of Annexure-II of the “Procedure to be Complied with for Right Shares,” following an official communication from the Pakistan Stock Exchange detailed in a letter dated January 16, 2026.
The announcement, dated March 12, 2026, highlighted the successful full subscription of the right shares. The Bankers to the Issue along with the Central Depository Company of Pakistan Limited confirmed the receipt of the complete subscription amount. According to information available from the Pakistan Stock Exchange (PSX), this ensures that all market participants are informed of the successful completion of the subscription process.
An Auditors’ Certificate confirming the receipt of the subscription proceeds is expected to be submitted shortly. Once this is completed, LSE Capital Limited will apply for the necessary No Objection Certificate (NOC) for the release of the funds. This step is crucial for the company to proceed with the planned allocation of the subscribed capital.