Karachi: Javedan Corporation Limited has issued a public notice on September 17, 2026, alerting the public to fraudulent activities exploiting the name and likeness of Mr. Arif Habib, Chairman of the Company and the Arif Habib Group. The notice reveals that unidentified individuals have been creating fake accounts and pages on platforms such as TikTok and Facebook. These accounts, alongside fraudulent telephone calls, misuse Mr. Habib's name and likeness, including AI-generated or deepfake content, to solicit funds under unauthorized investment schemes.

The Company has emphatically denied any association with these schemes, affirming that neither Mr. Arif Habib nor any entity within the Arif Habib Group has launched or endorsed such initiatives. The notice underscores a continuation of a fraudulent pattern previously warned against by Arif Habib Limited in a public notice dated July 31, 2026, filed with the Exchange.

In response, Javedan Corporation Limited has lodged a formal complaint with the National Cyber Crime Investigation Agency (NCCIA) on September 4, 2026. The Company seeks registration of a case, alongside investigation and removal of the fraudulent content, while pursuing all legal remedies against those responsible.

Investors and the public are advised to exercise caution, avoiding engagement with or reliance upon any unauthorized content or calls. The Company emphasizes that Arif Habib Limited remains the sole authorized entity for investment-related information within the Group. Official communications are only disseminated through the respective company's website and the Pakistan Stock Exchange Limited.

According to information available from the Pakistan Stock Exchange (PSX), all official records and communications are crucial for maintaining investor awareness and safeguarding market integrity. Javedan Corporation Limited urges that this intimation be documented and shared through the Exchange's information system, enhancing awareness among investors and market participants.