Corporate info


KRESTON Hyder Bhimji & Co.
Chartered Accountants
Amin Building,
65-The Mall Lahore.


Sayeed, Hfeez & Mirza
Advocates & Legal Advisors,
19 Ganga Ram Mansions, The Mall,
Ph: +92 42-37325010, 37313801


Credit rating company assigned entity rating to LSEFSL long term "A” and short term "A-1” with stable outlook for the Year 2018-2019.

Registration No.




Code of Corporate Governance

Code of Corporate Governance

Associated Companies

Central Depository Company – (CDC))

Central Depository Company is recognized as the infrastructure backbone of the Pakistan Capital Market and it is the sole securities depository in the country. In the past two decades, CDC has also evolved as one of the leading and most prestigious infrastructure institutions in Pakistan with a focus on the capital market.

National Clearing Company of Pakistan Limited – (NCCPL)

NCCPL is a significant element of Pakistan’s Capital Market that provides centralized Clearing and Settlement Services for all trades/transactions executed at the Pakistan Stock Exchange Limited in the Equities, Derivatives and Debt Market.

Pakistan Mercantile Stock Exchange – (PMEX)

Pakistan Mercantile Exchange Limited (PMEX) is the country’s first and only demutualized commodity futures exchange, licensed and regulated by the Securities and Exchange Commission of Pakistan (SECP). Based on sophisticated multi-dimensional infrastructure and state-of-the-art technology, PMEX offers a complete suite of services i.e. trading, clearing & settlement, custody as well as back office, all under one roof.

PMEX was formed in 2002 and started its operations in May 2007 offering a diverse range of domestic and international products across multiple asset classes. PMEX is a demutualized exchange and the shareholding is completely institution based.

The Pakistan Credit Rating Agency – (PACRA)

Utilizing decades of industry experience and functional expertise, PACRA seeks to be an agent of change, developing insightful risk solutions, transforming both the rating business and the industry in line with the best practices. Being the first rating agency in Pakistan, PACRA carries the onus of leadership. Hence, innovation and evolution in process and practices are defining attributes. PACRA is in the business to evaluate the capacity and willingness of an obligor to honor its financial obligations. Its credit rating opinion reflects an independent, professional and impartial assessment of the credit risk associated with a particular debt instrument or an entity. By providing a measurement of risk, this facilitates investors in making prudent investment decisions.

June 15, 1994 – a joint venture agreement is signed between International Finance Corporation (IFC) , Fitch Ratings , and Lahore Stock Exchange. This agreement heralded the creation of Pakistan’s first credit rating agency, the Pakistan Credit Rating Agency Limited (PACRA) on August 18, 1994. Today, PACRA is recognized as a national rating agency by apex regulators of the country, the Securities and Exchange Commission of Pakistan and an external credit assessment institution (ECAI) by the State Bank of Pakistan. It has a vibrant presence in the region.

LSE’s Investments on other Companies
Sr. No. Name of Company LSE’s Investments on other Companies
Investment as per equity method As on March 31, 2022 (Rs. in million)

Face Value of shares held (Rs. in million) Equity held %
1 CDC 566.339 300.00 10%
2 NCCPL 490.971 237.304 23.53%
3 PACRA 56.105 26.304 36%
4 IFMP 1 1 2.63%
5 PMEX - 22.727 7.30%
  Total 1,113.415 587.862  

Share Registrar

CDC Share Registrar Services Limited

CDC House, 99-B, Block B, S.M.C.H.S.
Main Shahra-e-Faisal, Karachi.
Tel: (92-21) 111-111-500
Fax: (92-21) 34326031