Karachi: Millat Tractors Limited has issued a notification about the loss of several share certificates belonging to Mrs. Nasreen Manzoor and other shareholders. The lost certificates, totaling 12,147 shares, were reported across various folio numbers, including a significant number of shares under folio number 1400D021.
According to information available from the Pakistan Stock Exchange (PSX), the detailed list of lost certificates includes ranges from folio 36438 to 109988, covering distinctive numbers from 272052 to 234437610. The lost certificates include various quantities, with the highest individual certificate covering up to 1,352 shares.
The shareholders have been advised not to transact these shares, and the exchange members have been notified to halt any trading involving these certificates. If no claims or objections are received within three days following the notification, Millat Tractors will issue duplicate certificates to the concerned shareholders.
This loss of certificates represents a significant administrative challenge for the company and highlights the importance of secure certificate management and timely reporting of such incidents to prevent unauthorized transactions and potential market disruptions.