Karachi: A significant development has emerged regarding the status of share certificates in several major Pakistani companies, as outlined in a recent report by the CDC Share Registrar Services Limited dated October 13, 2026. Notably, share certificates previously reported lost have now been recovered, while others have been newly reported as lost or misplaced.
The Oil & Gas Development Company Limited has seen the recovery of its previously lost share certificates. These certificates, as detailed in Annexure-A of the report, have been located by the shareholders, allowing them to be reinstated in trading activities. The exchange has been requested to circulate this information among its members, facilitating a return to normalcy for the involved stakeholders.
Conversely, new reports of lost certificates have emerged involving several companies. These include Power Cement Limited, Allied Bank Limited, Oil & Gas Development Company Limited, Murree Brewery Company Limited, and Fatima Fertilizer Company Limited. The loss of these certificates has implications for trading and ownership verification processes.
According to information available from the Pakistan Stock Exchange (PSX), the detailed breakdown of lost certificates includes significant quantities across different companies. For example, Allied Bank Limited has multiple reports of lost certificates, with the largest single report involving 960 shares. Meanwhile, the Oil & Gas Development Company Limited has reported the loss of 14,985 shares.
The designated market category affected by these developments spans various sectors, including the oil and gas, banking, cement, brewery, and fertilizer industries. The losses are diverse in scale, with some involving small quantities and others, like Murree Brewery Company Limited, reporting a total of 2,327 shares lost across various certificate numbers.
This incident underscores the importance of meticulous record-keeping and verification processes within the stock exchange framework, as well as the potential impact of such occurrences on market activities and investor confidence. The PSX and relevant authorities will need to address these issues promptly to ensure minimal disruption and maintain the integrity of share dealings.