Karachi: Pakistan Petroleum Limited (PPL) has issued a formal notice regarding the loss of share certificates, urging investors to exercise caution in dealing with the affected shares. The report, dated August 7, 2026, details that the loss was reported on July 30, 2026. The company has requested members of the stock exchange to refrain from any transactions involving these specific certificates until further notice.

According to the notification, the lost share certificates belong to Mr. Muhammad Yaqub Khan, residing at Long Life Banglows, Block No. 17, Gulistan-e-Jouhar, Karachi. The distinctive numbers and certificate numbers, along with the corresponding number of shares, are listed in the report, highlighting various certificate numbers totaling 858 shares.

The notice further specifies that if no objections are received within seven days from the date of publication, PPL will proceed to issue duplicate certificates to the shareholder. This move is aimed at ensuring minimal disruption to the shareholder and maintaining the integrity of transactions on the Pakistan Stock Exchange.

According to information available from the Pakistan Stock Exchange (PSX), the announcement regarding the lost certificates was circulated among its members, advising them against dealing in these specific shares. The PSX plays a crucial role in disseminating such information to protect the interests of investors and maintain orderly trading practices.

Additionally, the notice mentions a previous report involving Avanceon Limited, dated July 3, 2026, referencing a similar loss of shares with Folio Number 1197. It highlights that, to date, there has been no acknowledgment of this previous notice being circulated among the Trading Right Entitlement Certificate (TREC) holders of the PSX.

The Pakistan Stock Exchange falls under the designated market category of financial markets, focusing on securities trading and providing a platform for companies to raise capital.