Avanceon Limited Reports Loss of Share Certificates in Lahore

Lahore: Avanceon Limited has announced the loss of several share certificates, according to a notice released on May 9, 2025. The certificates, which were reported missing on May 8, 2025, involve specific folios and a total of 448 shares.

The details of the lost certificates include shares registered under Mr. Sohail Hameed Khan, who has reported the loss of 25 shares with distinctive numbers ranging from 104447487 to 104447511, under certificate number 2884. Additionally, Irfan Faisal Fabrics has lost 124 shares, carrying distinctive numbers from 124542006 to 124542129, under certificate number 4157. Moreover, Shop No. 339, Data Block, Pakistan Cloth Market, Lahore has reported the loss of 299 shares, with distinctive numbers ranging from 297067647 to 297067945, under certificate number 7172.

According to information available from the Pakistan Stock Exchange (PSX), members of the Exchange have been advised against dealing in these particular share certificates. The company has set a seven-day period from the publication date of the notice for any objections to be raised. Should no objections be received within this period, Avanceon Limited will proceed to issue fresh duplicate certificates to the affected shareholders.

The notice emphasizes the importance of circulating this information among members of the Exchange to ensure awareness and prevent any unauthorized transactions involving the lost certificates.