⚡ Flash Summary

LSE Capital Limited (LSECL) has announced the provision for e-voting and postal ballot for the special business agenda items at its upcoming Annual General Meeting (AGM) to be held on November 27, 2025. This decision follows compliance with the Companies (Postal Ballot) Regulations, 2018. The meeting will address agenda items related to the subdivision of authorized capital and related matters, as the company seeks shareholder approval for these changes. Shareholders are advised to participate through e-voting or postal ballot, adhering to the specified timelines and procedures.

📌 Key Takeaways

• 📢 LSE Capital Limited (LSECL) is holding its AGM on November 27, 2025.
• 🗳️ E-voting and postal ballot options are available for shareholders.
• 📅 E-voting starts November 24, 2025, and ends November 26, 2025.
• ✉️ Postal ballots must reach the Chairman by November 26, 2025.
• 🏢 Registered address for postal ballots: LSE Plaza, 19 Kashmir Egerton Road, Lahore.
• 📧 Email address for postal ballots: sajjad@lse.com.pk.
• 📝 Agenda includes subdivision of authorized capital.
• 📉 Authorized capital is being subdivided from Rs. 10 to Rs. 5 per share.
• 🧮 Total authorized capital remains at Rs. 2,500,000,000.
• 📜 Amendments to Memorandum and Articles of Association are proposed.
• ✅ Approval is sought for investments/financing with associated companies up to PKR 600 Mn.
• ➕ New clauses are being added to the Articles of Association regarding bonus shares.
• 🤝 Transactions with related parties will be placed before shareholders for ratification.
• 🏢 The Company Secretary is authorized to execute necessary documents and file them with SECP.

🎯 Investment Thesis

Given the information provided in the announcement, a HOLD recommendation is appropriate. While the proposed changes to the capital structure could be beneficial in the long run, there is no immediate financial impact to warrant a BUY rating. The announcement lacks sufficient information to justify a SELL rating. The price target remains unchanged as the announcement primarily addresses corporate governance matters.