LSEFSL amends business scope after NBFC license surrender

MG News | September 02, 2026 at 10:00 AM GMT+05:00

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September 2, 2026 (MLN): LSE Financial Services Limited (PSX: LSEFSL) has amended the Object Clause of its Memorandum of Association following shareholders’ approval to change the Company’s principal line of business and surrender its NBFC license.

The Company’s new principal line of business will be to invest in shares, bonds, stocks, units of mutual funds, other securities or related instruments, and all types of real assets, and to hold or sell such assets and investments, subject to applicable laws.

The Company will not act as an Investment Company, Non-Banking Finance Company or Brokerage House, and will not invite deposits from the public.

The aforementioned information was disseminated through a notification to Exchange.

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