Karachi: LSE Financial Services Limited has successfully achieved full subscription for its right shares, according to a report dated November 6, 2026. The company offered 159,000,000 right shares, fully subscribed, and the total subscription amount reached PKR 159.00 million.
The company has requested the issuance of a No Objection Certificate (NOC) to facilitate the release of the subscription funds. This request has been made to the Pakistan Stock Exchange (PSX) and the Central Depository Company of Pakistan Limited, with MCB Bank Limited acting as the banker for the issue.
According to information available from the Pakistan Stock Exchange (PSX), the subscription was achieved through various channels. A significant portion, amounting to PKR 113,305,386, was collected via MCB Bank Limited, while an additional PKR 45,694,614 was gathered through an online payment option provided by the Central Depository Company (CDC).
The allocation of right shares included 45,155,847 shares to the company's directors and substantial shareholders, while the general public subscribed to 113,844,153 shares through designated bank accounts and the CDC online payment platform.
The transaction has resulted in an increase in the company's paid-up capital, now totaling PKR 429.00 million, up from a previous capital of PKR 270.00 million.
The statutory auditors of LSE Financial Services Limited have confirmed the receipt of the full subscription amount, verifying the company's compliance with the Companies Act 2017 and the relevant regulations. The certificate confirms that the company has fulfilled all necessary requirements for the allotment of shares in the name of the CDC.
No regulatory conditions were imposed on the company by the Securities and Exchange Commission of Pakistan or other regulatory bodies at this stage. The certificate issued by the auditors is intended solely for submission to the PSX and CDC to facilitate the issuance of the right shares.