Share Certificate Loss Reported by Mari Energies Limited

Karachi: Mari Energies Limited has reported a significant loss of share certificates, impacting a broad range of holdings. The announcement was made on October 13, 2026, following the receipt of an indemnity bond from Mr. Khizar Hayat Khan, a shareholder whose certificates are affected.

According to the detailed report submitted to the company, Mr. Khan's share certificates, associated with Folio #11371, have been declared lost. The certificates cover a total holding of 340,164 shares, encompassing various certificate numbers and distinctive numbers. Noteworthy entries include certificate numbers ranging from 9771 to 40999, with distinctive numbers spanning from 6975601 to 1200332127.

The holdings are varied, with significant portions such as 241,894 shares under certificate number 55721 and 30,237 shares each under certificate numbers 55943 and 56277. These shares are collectively valued in the millions, reflecting a substantial portion of Mari Energies Limited’s market presence.

According to information available from the Pakistan Stock Exchange (PSX), the loss of such a large volume of shares is notable within the designated market category. The total holding of 340,164 shares showcases the scale of impact on the shareholder and the company.

The situation underscores the importance of safeguarding share certificates and the complexities involved in recovering lost securities. Mari Energies Limited, along with Corplink (Pvt.) Ltd., will likely pursue measures to address the loss and ensure the proper reissuance of the certificates to maintain shareholder integrity.