Karachi: The Pakistan Stock Exchange (PSX) has issued a notice regarding the loss of share certificates belonging to a deceased shareholder of Ghandhara Industries Limited (GHNI). The notice, dated October 9, 2024, states that the certificates were reported lost or misplaced.

According to the document provided by CDC Share Registrar Services Limited, the folio number associated with the lost shares is 24000, under the name of Muhammad Haseen. The details of the lost certificates include a scrip number ranging from 74433 to 3773359, covering a total of 23 shares.

The notice emphasizes the importance of circulating this information among all market participants. According to information available from the Pakistan Stock Exchange (PSX), participants are advised not to deal in the shares mentioned until further notice. The exchange has given a seven-day period for any objections to be raised, after which duplicate share certificates will be issued to the shareholder concerned.

This incident highlights the procedural steps taken by financial institutions to address the loss of significant documents like share certificates. It underscores the measures in place to protect shareholder interests in such events.