Share Certificates Missing for Multiple Shareholders, Duplicate Issuance Pending

Islamabad: Shifa International Hospitals Limited and Highnoon Laboratories Limited have reported the loss of several share certificates, prompting the issuance of duplicate certificates pending no claims within a specified timeframe. The occurrences have affected multiple shareholders, as detailed in recent communications from both companies.

Shifa International Hospitals Limited, on January 6, 2026, received an indemnity from Mr. Tahir Mohammad, who reported the loss of eight share certificates totaling 1,171 shares. The detailed breakdown includes holdings ranging from 21 to 334 shares across various certificate numbers.

In another instance, an indemnity was received from the legal heir of Mr. Jawaid Iqbal Bhatti, who reported the loss of one share certificate covering ten shares. Additionally, Mr. Ali Akbar reported the loss of three share certificates covering 226 shares, with holdings varying from six to 116 shares per certificate.

According to information available from the Pakistan Stock Exchange (PSX), the companies have set a seven-day period from the date of the circular issued by the PSX, after which duplicate share certificates will be issued if no claims are received. This procedural step is crucial to ensure the rightful ownership and accuracy in the transfer of shares.

The designated market category for these transactions remains under scrutiny as Shifa International Hospitals Limited and Highnoon Laboratories Limited proceed with caution to ensure compliance with regulatory requirements. Transfer deeds for the reported losses are currently unverified, highlighting the importance of the stipulated waiting period for any potential claims.