Karachi: In a formal notification to the Pakistan Stock Exchange (PSX), Famco Share Registration Services Pvt. Ltd. has reported the loss of several share certificates belonging to an investor, Mr. Muhammad Zafar. The incident was formally recognized and recorded on October 3, 2024, with the lost shares amounting to a notable 1001 shares across multiple denominations.

The details, outlined in a meticulously documented notice, specify that the certificates lost include shares from Pakistan Petroleum Limited, with varying amounts ranging from as little as 15 shares to as many as 500 shares in individual certificates. These shares were held under folio number Z001818, linked to Mr. Zafar's residence in Karachi’s K and T Cooperative Housing Society.

According to information available from the Pakistan Stock Exchange (PSX), the lost share certificates bear distinctive numbers and were originally issued in denominations that reflect considerable investment values. The notification emphasized the importance of circulating this information among the members of the PSX, advising them to abstain from any transactions involving these shares until further notice.

To mitigate the impact of this loss, Famco Share Registration Services Pvt. Ltd. has initiated the process for issuing duplicate certificates, contingent on not receiving any objections within a week from the notice’s publication. This swift administrative response underscores the protocols in place to protect shareholders' interests in cases of certificate loss or discrepancies.