LSEFSL plans Rs10 to Rs1 share split, Rs100m investment

MG News | May 18, 2026 at 12:29 PM GMT+05:00

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May 18, 2026 (MLN): LSE Financial Services Limited plans to split its shares by reducing the par value from Rs10 to Rs1 per share, subject to shareholder approval at an Extraordinary General Meeting scheduled for June 9, 2026.

The company’s board also approved an investment of up to Rs100 million in LSE SPAC-II Limited, the company's filing on PSX revealed today.

The resolutions were approved through a circular resolution dated May 18, 2026, and will be placed before shareholders as special resolutions at the upcoming EOGM.

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