Karachi: CorpTec Associates (Pvt) Limited has announced significant issues concerning the verification of its share certificates, affecting a total of 2,647 shares. This development, revealed on November 21, 2025, has raised concerns among stakeholders as the company advises members of the exchange to refrain from dealing in these specific share certificates.

The unverified shares are associated with two distinct folio numbers, 0000359 and 0003895. For folio 0000359, a total of 2,520 shares are pending verification. These shares are distributed across ten certificates, with certificate numbers ranging from 7557 to 16446. The distinctive numbers associated with these shares, from 3766501 to 50564950, are currently flagged as not verified.

Additionally, folio 0003895 involves 127 unverified shares, spread over three certificates. The certificate numbers for these are 99445, 100805, and 101210, with distinctive numbers ranging from 21783011 to 28991913. Similar to the shares under folio 0000359, these shares are also marked as not verified.

According to information available from the Pakistan Stock Exchange (PSX), CorpTec Associates has instructed that if no objections are received within a seven-day notice period, duplicate share certificates will be issued to the concerned shareholder after completing the necessary documentation. This action is intended to address the verification discrepancies and ensure the proper functioning of the company's share dealings.

The designated market category for these shares remains unaffected at this point, but the situation requires prompt attention to prevent any disruption in trading activities. The company has urged all stakeholders and members of the exchange to circulate the information and comply with the advisory to maintain market integrity.