Karachi: Corptec Associates (Pvt) Limited has reported the loss of multiple share certificates belonging to Crescent Steel and Allied Products Limited, according to a report dated September 21, 2026. The information affects a total of 247 shares, as detailed in the report provided by the firm.
The affected shareholder is identified by the folio number 0001686, with certificates ranging from 100 shares to 60 shares and 30 shares, each associated with specific certificate and distinctive numbers. These certificates have not been verified, and one entry was noted as "Not yenned," indicating a verification discrepancy.
According to information available from the Pakistan Stock Exchange (PSX), the company's management has advised market participants to refrain from dealing in these specific share certificates until further notice. The report urges any objections to be filed within seven days of the notice's issuance, failing which duplicate share certificates will be reissued to the concerned shareholder after completing the necessary documentation.
The Karachi-based Crescent Steel and Allied Products Limited, categorized under the basic materials market segment, has been alerted to ensure compliance and transparency in handling this matter. The situation remains under review as shareholders and market participants await further developments.