⚡ Flash Summary

LSE Capital Limited (LSECL) has announced a book closure for the sub-division of its shares. The decision, approved at the Annual General Meeting on November 27, 2025, involves splitting each existing share with a face value of Rs. 10 into two shares with a face value of Rs. 5 each. This sub-division will not alter any shareholder rights or privileges. The share transfer book will be closed on December 13, 2025, to determine entitlement for the issuance of subdivided shares, with transfers received by December 12, 2025, eligible for the split.

📌 Key Takeaways

• 🗓️ LSECL will undergo a sub-division of shares, approved on November 27, 2025.
• ✂️ Each share of Rs. 10 will be split into two shares of Rs. 5 each.
• ⚖️ The sub-division does not impact shareholder rights.
• 🔒 The Share Transfer Book will be closed on December 13, 2025.
• ⏳ Transfers must be received by December 12, 2025, to be eligible for the share split.
• 🧾 Shareholders with physical certificates must surrender them after December 15, 2025.
• 🏢 Surrender certificates to F.D. Registrar Services Limited in Karachi.
• 📍 F.D. Registrar Services is located at Suit# 1705, 17th Floor, Saima Trade Tower-A, I.I. Chundrigar Road Karachi-74000.
• 📰 The book closure is under Section 85(1)(c) of the Companies Act, 2017.
• 📧 Contact info@lse.com.pk for further queries.
• 📞 Contact +92 42 36368000-4 for more information.

🎯 Investment Thesis

HOLD. The share sub-division is a neutral event from a fundamental investment perspective. It doesn’t inherently improve or worsen LSE Capital’s financials. Liquidity might increase, but this doesn’t automatically translate to value creation. Monitor post-split trading activity and any subsequent financial releases for a more informed decision. Price Target: Maintain current valuation multiples. Time Horizon: Medium Term.