LSE Ventures approves stock split to enhance market liquidity

MG News | August 18, 2025 at 10:45 AM GMT+05:00

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August 18, 2025 (MLN): LSE Ventures Limited is set to undergo a significant capital restructuring following shareholder approval at its Extraordinary General Meeting (EOGM) held on August 16, 2025.

The company will reduce the par value of its ordinary shares from Rs10 to Rs5, effectively doubling the number of shares in issue.

While the authorized capital remains at Rs3 billion, it will now be divided into 600 million ordinary shares instead of the previous 300 million.

The move is expected to improve share liquidity and make the stock more accessible to a wider range of investors.

Shareholders also approved amendments to the Memorandum and Articles of Association to reflect the revised capital structure.

The board has been authorized to finalize entitlement and book closure dates for the implementation of the stock split.

This development reflects LSE Ventures’ ongoing efforts to enhance shareholder value and align with evolving market dynamics.

Regulatory filings with the Securities and Exchange Commission of Pakistan (SECP) will follow as part of the implementation process.

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