Karachi: Crop Link (Pvt.) LTD., has announced the loss of 266 share certificates, which encompass a total of 27,825 shares of Crescent Fibres Limited. This development was made public following the receipt of an indemnity from the concerned shareholder, Crescent Power Tec Limited, through an authorized representative.

According to the details provided, the folio number associated with Crescent Power Tec Limited is IC00010. The lost certificates encompass a range of certificate numbers and distinctive numbers, with varying amounts of shares tied to each certificate. Notable entries include certificate numbers 74801-74945, which account for 14,500 shares, and certificate numbers 87165-87189, covering 2,500 shares.

The loss of these share certificates has prompted the need for verification. The transfer deeds associated with these shares remain unverified. Crop Link (Pvt.) LTD. has issued a notification that if no claims are received, duplicate share certificates will be issued after a seven-day waiting period following the date of the circular issued by the Pakistan Stock Exchange. This notice was dated May 30, 2025.

According to information available from the Pakistan Stock Exchange (PSX), the issued circular sets a definitive timeline for the re-issuance of the certificates, should no other claims be presented. The loss and subsequent re-issuance of these shares could have implications for Crescent Fibres Limited and its shareholder, Crescent Power Tec Limited, within the designated market category.

The situation highlights the procedural requirements necessary for addressing the loss of share certificates and the significance of timely action by involved parties to mitigate any potential disruptions.