Karachi: Kot Addu Power Company Limited has reported the loss of share certificates under folio number 80438. The missing certificates, which were reported lost by Sana Ahsan, include 500 shares between distinctive numbers 128471823 and 128472322. The address listed for Ahsan is 75/I, Khayaban-e-Badar 18th Lane, Phase-7 DHA, Karachi.
According to information available from the Pakistan Stock Exchange (PSX), the company has issued a notice advising members of the Exchange to refrain from dealing with these certificates unless they are unchallenged within the next seven days. Following this period, if no objections are received, duplicate certificates will be issued to the concerned individual.
This incident underscores the need for stringent security measures and careful handling of physical share certificates to prevent such losses which can pose significant administrative challenges and potential financial risks for shareholders and the company alike.