Karachi: A notice issued by Famco Share Registration Services on behalf of Avanceon Limited has reported the loss of share certificates. The announcement was made on October 4, 2024, alerting all market participants and the Pakistan Stock Exchange (PSX).

According to the document, a shareholder named Muneer Ahmed Rahi has reported that share certificates for 500 shares have been misplaced. The shares are specifically identified by the distinctive numbers 75677921 and 75678420, under certificate number 1243. The lost shares were registered to an address at House No. E-411, Block-C, Street No. 5, Nishat Colony.

According to information available from the Pakistan Stock Exchange (PSX), the notification emphasizes the urgency of circulating this information among members of the exchange. This is to ensure that no transactions are made with the lost certificates until a resolution is reached. The company has issued a warning that if no objections are raised within seven days from the notice's publication, new duplicate certificates will be issued to the shareholder.

This incident highlights the procedural necessities for handling such situations and underscores the importance of meticulous record-keeping and prompt communication within the stock trading community.