Karachi: Ellcot Spinning Mills Limited has issued a notice regarding the loss of several share certificates belonging to one of its shareholders. The company has called for immediate action to prevent any trading involving these certificates to safeguard shareholder interests and maintain market integrity.

According to information available from the Pakistan Stock Exchange (PSX), the specific details of the lost certificates have been circulated among the members of the stock exchange with strict instructions not to deal in these shares. The company has set a seven-day period for any objections to be raised regarding the issuance of new certificates.

If no objections are received within this period, Ellcot Spinning Mills will proceed with the issuance of duplicate share certificates to the affected shareholder. This action is in accordance with regulatory requirements to ensure that all market participants are duly informed and to mitigate any potential risks associated with unauthorized transactions of the lost shares.

This notice emphasizes the company's commitment to maintaining transparency and upholding the rights of its shareholders through prompt and effective communication.