Karachi: Habib Bank Limited and Askari Bank Limited have announced that several share certificates have been reported lost or misplaced. This notification has been circulated among the members of the Pakistan Stock Exchange on May 22, 2026, urging them to refrain from dealing in the shares mentioned until further notice.
According to the information provided, Habib Bank Limited has detailed the loss of share certificates belonging to the late Muhammad Afraz. The certificates, spanning various scrip and distinctive numbers, account for a total of 210 shares. These certificates are linked to folio number 238357 and cover a range of distinctive numbers from 202901599 to 1389817988.
Askari Bank Limited has also reported the loss of three share certificates, with a total of 15 shares missing. These certificates belong to Mr. Riaz Ahmed, and the distinctive numbers range from 49023810 to 100622982.
According to information available from the Pakistan Stock Exchange (PSX), both banks have requested that if no objections are received within seven days of the notice, duplicate share certificates will be issued to the concerned shareholders. This development is significant within the designated market category, as it impacts the trading and handling of the reported shares.
The notification serves as a precautionary measure, ensuring that the exchange’s members are informed and can act accordingly to prevent any potential fraudulent transactions involving the lost or misplaced share certificates.