Nishat (Chunian) Limited Reports Loss of Share Certificates

Karachi: Nishat (Chunian) Limited has announced the loss of certain share certificates, belonging to a shareholder, prompting an advisory for the members of the stock exchange. The company communicated this information on January 13, 2025, highlighting the details of the lost share certificates.

The shareholder, identified as Muhammad Owais, reported the loss of share certificate number 163386, which encompasses shares with distinctive numbers ranging from 76702392 to 76703483. In total, 1,092 shares have been reported as lost.

The company has requested the Pakistan Stock Exchange (PSX) members to avoid transactions involving these specific share certificates. According to the notice, if no objections are received within seven days of this announcement, Nishat (Chunian) Limited will proceed to issue new share certificates to the concerned shareholder. The company also stated that any claims related to the lost certificates will not be entertained after the issuance of new certificates.

This advisory is part of the company's efforts to maintain transparency and protect shareholder interests within the designated market category. According to information available from the Pakistan Stock Exchange (PSX), such notices are crucial in ensuring the integrity of transactions within the stock market.

Nishat (Chunian) Limited urges all involved parties to comply with this notice to prevent any unauthorized dealings and to facilitate the smooth issuance of replacement share certificates.