Karachi: LSE Financial Services Limited has announced a significant subdivision of its shares following a special resolution passed at the company's Extra Ordinary General Meeting on June 9, 2026. The move, confirmed in a report dated August 18, 2026, involves reducing the face value of the company's shares from ten rupees to one rupee each. This adjustment means that each existing share valued at ten rupees will be transformed into ten ordinary shares, each valued at one rupee.

The subdivision aims to increase liquidity and accessibility for investors, ensuring that the total number of shares now reflects the revised face value without altering any rights or privileges attached to the shares. According to information available from the Pakistan Stock Exchange (PSX), this strategic decision aligns with market trends and shareholder interests, potentially impacting the designated market category.

To facilitate the issuance of these subdivided shares, the company's Share Transfer Book will be closed on Saturday, August 29, 2026. Shareholders are advised that transfers completed at the company's Share Registrar's office by the close of business on Friday, August 28, 2026, will qualify for the new subdivided shares.

Shareholders holding physical share certificates will need to surrender their original certificates along with any verified transfer deeds to the company's Share Registrar, M/s. F.D. Registrar Services Limited, located at Suit# 1705-17th Floor, Saima Trade Tower-A, I.I. Chundrigar Road, Karachi-74000. This process is set to commence after August 31, 2026, to exchange for new share certificates reflecting the changes.

The company has enclosed copies of the advertisements to be published concerning this change, ensuring transparent communication with all stakeholders involved.