LSE Capital shareholders approve share split, capital restructuring and sale of DCCL stake
AGM / EGMLSE Capital reported resolutions passed at its AGM held on October 28, 2026. Shareholders approved the annual audited financial statements for the year ended June 30, 2026, appointment of external auditors, a reduction in par value from Rs. 5 to Rs. 1 and a subdivision of authorized capital. They also approved authority for investments, financing and disposals in associated companies, including the sale of the Company’s entire equity investment in Digital Custodian Company Limited (DCCL), with the specific disposal of a 54% equity stake referenced and the overall authorization capped at Rs. 600 million. Related-party transactions and enabling resolutions were also approved.
Payout
- Share split 5 for 1
Key Findings
- The AGM was held on October 28, 2026 at 9:20 AM a.m. at the Company’s registered office.
- Audited financial statements for the year ended June 30, 2026 were approved and adopted.
- External auditor M/s. Ilyas Saeed & Co., Chartered Accountants, was appointed for the year ending June 30, 2027 at the same remuneration as the previous year.
- Shareholders approved reducing the share par/nominal value from Rs. 5 to Rs. 1 and amending the memorandum and articles accordingly.
- Authorized capital remains Rs. 2.6 billion, with revised share denominations and quantities specified in the resolutions; the capital structure includes ordinary shares, preference shares and partially redeemable shares of Rs. 100 each in the revised clauses shown in the notice.
Meeting Details
Meeting Details
- Confirmation of minutes of the EOGM held April 6, 2026.
- Approval and adoption of audited financial statements for the year ended June 30, 2026, with Directors’ and Auditors’ Reports.
- Appointment of external auditors for the year ending June 30, 2027 and fixing their remuneration.
- Approval of amendments to the memorandum and articles, including reduction of par value and subdivision of authorized capital.
- Approval of investments, acquisitions, financing and disposals involving associated companies, including disposal of the Company’s DCCL equity stake.
- Ratification and authorization of related-party transactions and arrangements.
- Confirmed minutes of the EOGM held April 6, 2026.
- Approved and adopted audited financial statements for the year ended June 30, 2026.
- Appointed M/s. Ilyas Saeed & Co. as external auditors for the year ending June 30, 2027 at the previous year’s remuneration.
- Approved amendments to the memorandum and articles, including reducing par value from Rs. 5 to Rs. 1 and revising the authorized-capital share denominations and quantities.
- Authorized investments, acquisitions, financing and disposals involving associated companies up to an aggregate amount not exceeding PKR 600 million; authorized disposal of the Company’s existing and future investments in capital-market infrastructure companies through an offer for sale or PSX secondary market.
- Authorized sale of the Company’s entire equity investment in Digital Custodian Company Limited (DCCL), with a specific disposal of a 54% equity stake referenced in the resolution heading and price to be negotiated by management; related-party transactions and arrangements were ratified and authorized.
Highlights summarize the key points from the company's official PSX filing. View the original filing for the complete details before making financial decisions.
