FoxLogica News Analysis

⚡ Flash Summary

LSE Capital Limited (LSECL) announced a sub-division of shares, changing the face value from Rs. 10 to Rs. 5 per share, effective after the Annual General Meeting held on November 27, 2025. Each existing share of Rs. 10 will be subdivided into two shares of Rs. 5 each. The share transfer book will be closed on December 13, 2025, to determine eligibility for the subdivided shares. Shareholders with physical certificates must submit them after December 15, 2025, to the Share Registrar for exchange or new certificates.

📌 Key Takeaways

• 💼 Share sub-division approved at AGM on November 27, 2025.
• 📉 Face value reduced from Rs. 10 to Rs. 5 per share.
• ➗ Each Rs. 10 share split into two Rs. 5 shares.
• 🔒 Share transfer book closed on December 13, 2025.
• 📅 Transfers by December 12, 2025, eligible for sub-divided shares.
• 📜 Physical share certificates to be surrendered after December 15, 2025.
• 🏢 Surrender certificates to Share Registrar: F.D. Registrar Services Limited, Karachi.
• 📍 Registrar address: Suit# 1705 – 17th Floor, Saima Trade Tower-A, I.I. Chundrigar Road Karachi-74000.
• 📄 Verified transfer deeds required with original certificates.
• 🚫 Sub-division does not alter rights or privileges.
• 📰 Announcement date: December 2nd, 2025.
• 🏦 Company’s Share Registrar: M/s. F.D. Registrar Services Limited.

🎯 Investment Thesis

HOLD: The announcement relates to a share sub-division which is a neutral event. There is no change in fundamental factors or valuation of the company. Existing investors are not impacted in either a negative or positive way, so maintaining a HOLD position is advisable. The price target should remain unchanged, with a time horizon dependent on the underlying company fundamentals.

⚡ Flash Summary

LSE Capital Limited announced a book closure for the sub-division of shares, as approved at the Annual General Meeting held on November 27, 2025. The face value of each share will be subdivided from Rs. 10/- to Rs. 5/-, resulting in each existing share being split into two ordinary shares. The Share Transfer Book will be closed on December 13, 2025, with transfers received by December 12, 2025, eligible for the subdivided shares. Shareholders are requested to surrender their original share certificates after December 15, 2025, for the exchange of new certificates.

📌 Key Takeaways

• 🗓️ Book closure announced for sub-division of shares: The Share Transfer Book will be closed on December 13, 2025.
• ✂️ Share sub-division: Each share of Rs. 10/- is split into two shares of Rs. 5/- each.
• ✅ AGM approval: Sub-division approved at the Annual General Meeting held on November 27, 2025.
• ➡️ Effective date: Transfers received by December 12, 2025, are eligible for subdivided shares.
• 📝 Share certificate exchange: Shareholders need to surrender old certificates after December 15, 2025.
• 🏢 Share registrar: M/s. F.D. Registrar Services Limited is managing the share registry.
• 📍 Registrar address: Suit# 1705-17th Floor, Saima Trade Tower-A, I.I. Chundrigar Road Karachi-74000.
• 📜 Legal basis: The sub-division is under Section 85(1)(c) of the Companies Act, 2017.
• ✉️ Contact: Shareholders can contact the Share Registrar for any queries.
• 🚫 No change in rights: The sub-division does not alter any rights or privileges attached to the shares.

🎯 Investment Thesis

HOLD. The share sub-division is a neutral event that doesn’t fundamentally alter the investment outlook for LSE Capital Limited. While it might improve liquidity, investors should focus on the company’s underlying financial performance and strategic direction for long-term value. Price target remains unchanged, as the announcement is an operational update, not indicative of changed financials.

⚡ 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.