Lahore: The Thal Industries Corporation Limited has announced that they have received an indemnity from the legal heir of the late Abdul Razaq Khan for the loss of share certificates. The company detailed the holdings and distinctive numbers of the lost certificates in a report dated June 12, 2026.
The lost share certificates pertain to a total holding of 2,686 shares, distributed across various folio and certificate numbers. Among these, the largest holding was evidenced by certificate numbers 23405-23410, covering distinctive numbers 13417604-13418916, which accounted for 1,313 shares. Other notable holdings included 392 shares under certificate numbers 16454-16457 and 163 shares each under certificate numbers 11783-11784 and 14230-14231.
According to information available from the Pakistan Stock Exchange (PSX), the company plans to circulate this information among the exchange members. Should the company not receive any claims within seven days from the issuance of the circular, duplicate share certificates will be issued to the legal heir.
The indemnity process initiated by Thal Industries Corporation Limited underscores the procedural approach required to safeguard shareholder interests and maintain transparency within the designated market. The company has assured stakeholders of due diligence in handling the matter and reiterated the need for any claims to be filed promptly to prevent the issuance of duplicate certificates.