LAHORE — September 25, 2026: LSE SPAC-II Limited has announced a strategic investment in M.P. Industries Limited (MPIL), acquiring 269,000 ordinary shares in the company for a total consideration of PKR 180 million.
According to material information submitted to the Pakistan Stock Exchange (PSX), the investment was made following approval granted by shareholders at the company’s Annual General Meeting (AGM) held on September 19, 2026.
The company said the payment for the investment was completed on September 24, 2026. The transaction represents an equity stake in M.P. Industries Limited, identified in the notice as the target company.
LSE SPAC-II stated that the investment was carried out in accordance with the approval provided by its shareholders and in compliance with applicable laws, rules, regulations and other regulatory requirements.
The development marks an important transaction for LSE SPAC-II as it moves forward with its investment in the target company. The company has also requested dissemination of the material information to the TRE Certificate Holders of the Pakistan Stock Exchange.
The disclosure was issued by LSE SPAC-II Limited on September 25, 2026, and was addressed to the General Manager of the Pakistan Stock Exchange.
Key Details
- Company: LSE SPAC-II Limited
- Target Company: M.P. Industries Limited
- Shares Acquired: 269,000 ordinary shares
- Investment: PKR 180 million
- Payment Date: September 24, 2026
- Shareholder Approval: September 19, 2026
- Disclosure Date: September 25, 2026
The transaction provides investors and market participants with details of LSE SPAC-II’s latest investment and its compliance with the required shareholder and regulatory approval process.