Karachi: Allied Bank Limited (ABL) has announced the loss of several share certificates. The notification issued details share certificates lost or misplaced, belonging to the deceased shareholder Mr. Umar Gul.
According to information available from the Pakistan Stock Exchange (PSX), two separate folios list a total of 298 shares each as misplaced or lost. Under folio number 19275, various scrips were reported, ranging from scrip number 313241 to 474342, with individual counts of shares varying from 19 to 100. Similarly, folio number 22458 detailed shares from scrip number 319414 to 477106, also with a count ranging from 19 to 100 per scrip.
The distinct numbers associated with these scrips start from 442699004 for scrip number 313241 and end with 1041915313 for scrip number 477106. Both folios cumulatively account for a total of 596 shares reported lost.
The notification urges members of the Pakistan Stock Exchange to refrain from transacting in these shares and alerts that if no objections are received within seven days, duplicate certificates will be issued to the concerned parties. This measure aims to mitigate any potential financial complications arising from the transaction of these lost certificates.