Islamabad: A significant development has been reported concerning the loss of share certificates for Pakistan Telecommunication Company Limited (PTCL). On January 17, 2025, Famco Share Registration Services (PVT) LTD announced the loss of specific share certificates belonging to Mr. Muhammad Shoib.

The lost certificates, associated with folio number 67399, pertain to 100 shares of PTCL. The distinctive numbers of these certificates range from 79174201 to 79174300, and they are identified under certificate number 164111. Mr. Shoib, residing at House No. 454, Street No. 23, Block F, B-17, Multi Gardens, Islamabad, is the registered owner of the lost certificates.

In light of this development, Famco Share Registration Services has issued an advisory to the members of the stock exchange. They have been cautioned against dealing in these specific share certificates. According to information available from the Pakistan Stock Exchange (PSX), if no objections are raised within seven days of the notice's publication, the company will proceed with issuing fresh duplicate certificates to Mr. Shoib.

The incident has captured the attention of the designated market category, as PTCL is a prominent player in the telecommunications sector. The swift issuance of duplicate certificates post the objection period underscores the commitment to maintaining transparency and trust within the market.