Karachi: Famco Share Registration Services, in a notice addressed to the Pakistan Stock Exchange, announced the recovery of previously reported lost share certificates of Al-Ghazi Tractors Limited. The notice, dated October 9, 2024, confirms the successful location of multiple certificates, ensuring their reintroduction to the normal trading processes.

According to information available from the Pakistan Stock Exchange (PSX), the recovered certificates encompass a total of 1,100 shares distributed across various distinctive numbers and certificate series. These shares, all attributed to individual investor Mr. Mohammad Akhtar Sheikh of Faisal Town, Lahore, represent a significant retrieval as they are reinstated for regular market transactions.

The listing detailed in the correspondence from Famco highlights certificates ranging in series from 5704956 to 22422168, with each certificate accounting for 100 shares. This reintegration of shares follows a notification procedure outlined by Famco, urging all members of the exchange to update their records accordingly and facilitate the normal trading of these certificates.

Famco's communication underscores the importance of meticulous record-keeping and responsiveness in handling such occurrences within the securities trading environment. This move also stabilizes shareholder confidence by ensuring that lost or disputed share certificates are efficiently managed and rectified in adherence to regulatory and procedural norms.