Loss of Share Certificates Affects Investors in Karachi

KARACHI: Investors in Karachi were recently informed of the loss of several share certificates belonging to OLP Modaraba and Lotte Chemical Pakistan Limited. The announcements, made by Famco Share Registration Services (Pvt) Ltd., detail the certificates reported missing in July 2026.

On July 15, 2026, Feroza Begum reported the loss of multiple share certificates for OLP Modaraba. These include certificate number 54061 for 100 shares and other certificates with smaller quantities, ranging from 15 to 39 shares. The certificates, held under folio number 0114083, were reportedly lost from her residence at 26 Darul Aman Housing Society, located on Shaheed-e-Millat Road in Karachi.

The following day, on July 16, another notice detailed the loss of share certificates for Lotte Chemical Pakistan Limited, again involving Feroza Begum. This involved three certificates numbered 22779 to 22781, each representing 500 shares. These were also linked to her address in Karachi.

Additionally, on July 17, Rashida, residing at House No. 4/C Aziz Bhatti Road in Jehlum Cantt, reported the loss of several certificates for OLP Modaraba, under folio number 0102571. The certificates ranged in value, including certificate number 42549 for 100 shares and others varying from 15 to 100 shares.

According to information available from the Pakistan Stock Exchange (PSX), the loss of such certificates can have significant implications for the investors involved, affecting their holdings and potential transactions in the market. The announcements serve as a critical reminder for investors to ensure the safety and secure handling of their share certificates to prevent potential financial setbacks.