Karachi: A significant notice has been issued regarding the loss of share certificates by Famco Share Registration Services (Pvt) Limited, affiliated with Engro Powergen Qadirpur Limited. The incident, reported on August 29, 2024, has triggered a cautionary response from the Pakistan Stock Exchange (PSX).
The specific details pertain to two share certificates, each representing 500 shares, associated with Mr. Shazada Erum of Karachi. These certificates were assigned with the distinctive numbers 103831714 and 103833714 for the first certificate, and 103832213 and 103834213 for the second. The certificates are numbered 50487 and 50491, respectively.
According to information available from the Pakistan Stock Exchange (PSX), the advisory from the exchange requests all members to refrain from dealing with these certificates. A window of 7 days following the notice's publication in newspapers is provided, during which objections to the issuance of duplicate certificates can be submitted. Absence of any objections will lead to the issuance of fresh duplicates to the shareholder.
The loss of these certificates underlines the importance of stringent security measures and the need for shareholders to maintain vigilance over their financial documents.