Karachi: A recent report by Corplink (Pvt.) Ltd. has brought to light the loss of multiple share certificates linked to Pioneer Cement Limited, a company listed within the designated market category of construction materials. According to the report dated September 2, 2026, the certificates belonged to the late shareholder S. M. Yusuf and were reported missing by his legal heir.

The shareholder, identified under Folio #14242, was in possession of 3,973 shares of Pioneer Cement Limited, distributed across several certificates. These certificates spanned distinctive numbers ranging from 48397001 to 163344754. The company has received an indemnity from the legal heir, acknowledging the loss and initiating the process for acquiring duplicate certificates.

The report emphasizes the need for circulating this information among the members of the Pakistan Stock Exchange. According to information available from the Pakistan Stock Exchange (PSX), the company will proceed with issuing duplicate share certificates if no claims are received within seven days from the date of circular issuance.

The absence of any immediate claim would result in the reissuance of shares, ensuring that the legal heir of S. M. Yusuf retains rightful ownership. As the situation unfolds, stakeholders within the exchange are being kept informed to safeguard the interests of all parties involved.