Karachi: Askari Bank Limited has reported a loss of share certificates belonging to one of its shareholders, Mrs. Mehreen Saleem Raza, according to the latest report dated September 22, 2026.
The bank disclosed that a total of 1,943 shares have been reported lost or misplaced. The certificates in question are linked to several distinctive numbers, creating a potential concern for stakeholders and the Pakistan Stock Exchange's members. The bank has advised against any transactions involving these specific share certificates to prevent any unauthorized dealings.
According to information available from the Pakistan Stock Exchange (PSX), members of the exchange have been alerted to the situation. The PSX has circulated the information, advising members to refrain from dealing with the lost share certificates. The announcement indicates that if no objections are raised within three days following the notice's circulation, Askari Bank Limited will proceed to issue duplicate certificates to the affected shareholder.
The action underscores the importance of vigilance in stock transactions and the need for immediate reporting of any discrepancies to maintain the integrity of the market. The designated market category remains under observation as the situation develops.