Karachi: In a recent development concerning Pioneer Cement Limited, one of its shareholders, Qazi Khalid Iqbal, has reported the loss of five share certificates covering a total of 500 shares. This situation has prompted the issuance of a notice by Corplink (PVT.) LTD., acting on behalf of Pioneer Cement Limited, to address the matter.

The loss pertains to certificates numbered 175384 to 175386 and 233902 to 233903, with respective distinctive numbers from 60039961 to 60040260 and 65891591 to 65891790. These certificates account for 300 and 200 shares, respectively, according to the folio number 18207 associated with the shareholder.

As part of the protocol, an indemnity has been received from Mr. Iqbal, indicating his request for the reissuance of the lost share certificates. However, there is a stipulated waiting period before any action is taken. According to the notice, if the company does not receive any claims or objections, duplicate share certificates will be issued after seven days from the date the circular was issued by the Pakistan Stock Exchange.

According to information available from the Pakistan Stock Exchange (PSX), shareholders and investors are advised to keep a close watch on such notices, as they can impact the status of shares and any related transactions. The market category designated for Pioneer Cement Limited on the PSX is essential for investors to note when considering the implications of such developments.

It is crucial for shareholders to ensure their records are up-to-date and to report any discrepancies immediately to avoid potential losses. The company has emphasized the importance of verifying transfer deeds to prevent any unauthorized claims.