Karachi: Askari Bank Limited (AKBL) has announced the loss or misplacement of share certificates belonging to the late Roshan Ara Begum, prompting the bank to alert the financial community. According to the bank, the certificates, registered under folio number 9322, encompass a total of 1,667 shares. The specific certificate in question is numbered 758515 and covers distinctive numbers from 201645300 to 201646966.

The bank has urged members of the exchange to refrain from engaging in any transactions involving these specific share certificates. This advisory is crucial to prevent unauthorized dealings until the matter is resolved.

According to information available from the Pakistan Stock Exchange (PSX), the procedure for issuing duplicate certificates will commence if no objections are filed within seven days of the date on which the notice was issued. This is a standard protocol designed to protect the interests of both the company and the shareholders.

The incident highlights the importance of maintaining accurate records and ensuring the security of share certificates to avoid inconveniences and potential financial losses. Shareholders and market participants are advised to adhere to the notice and await further updates from Askari Bank Limited regarding the issuance of duplicate certificates.

This announcement falls under the designated market category of the Pakistan Stock Exchange (PSX), where continuous communication is vital to maintaining market integrity and shareholder confidence.