Kotli: DS Industries Limited has announced a significant loss of share certificates affecting shareholder Omar Hanif of Kotli, Azad Kashmir. The incident, disclosed recently, involves two separate folios with a substantial total of 1,500 shares lost. The affected certificates, numbered 2201 and 2203, represent quantities of 500 and 1,000 shares respectively, recorded under folio numbers 1238 and 1282.

The shares, identified by distinctive numbers ranging from 30037001 to 30039000, were reported missing and have prompted an immediate notification to the members of the Pakistan Stock Exchange (PSX). The company has advised against any trading of these shares to prevent potential misuse.

According to information available from the Pakistan Stock Exchange (PSX), DS Industries is taking steps to mitigate any impact on the market and protect the interests of Mr. Hanif. Should there be no objections or claims against these losses within seven days from the notification date, DS Industries will proceed with issuing duplicate certificates to ensure the shareholder retains his equity rights.

This preventive measure highlights the critical importance of secure handling and tracking of share certificates within the financial industry to safeguard investor interests and maintain market integrity.