Lahore: Hameed Majeed Associates (Pvt) Limited has reported the loss of several share certificates belonging to Nishat (Chunian) Limited. The shareholder, Mr. Naveed Alam, has been identified as the individual affected by this loss. According to company records, the incident pertains to share certificates with specific distinctive numbers and folios.
The lost share certificates are reported under the names and numbers as follows: Certificate No. 118526, distinctive numbers from 11846580 to 11846481; Certificate No. 160524, distinctive numbers from 69663932 to 69663832; and Certificate No. 163151, distinctive numbers from 76594117 to 76594098. All certificates are linked with Mr. Naveed Alam and were reported lost on February 13, 2025.
According to information available from the Pakistan Stock Exchange (PSX), the company has issued a notice to its members, advising them against dealing in the aforementioned lost share certificates. This step is intended to safeguard any further transactions involving these shares until the issue is resolved.
As per the procedures outlined by Hameed Majeed Associates, if no objections are received within seven days from the date of the notice, new share certificates will be issued to Mr. Naveed Alam. The notice period is critical, as it ensures that no claims will be entertained by the company once new certificates are granted.
The stock exchange members and potential investors in the designated market category are advised to take note of this development and exercise caution in any transactions involving these specific share certificates. The company has pinpointed May 9, 2025, as the date of initiation for this process.