Karachi: According to a notification dated October 4, 2024, addressed to the General Manager of the Pakistan Stock Exchange (PSX), several Pakistani banks and companies have reported the loss or misplacement of various share certificates. The communication, issued by CDC Share Registrar Services Limited, has initiated a caution for all market participants regarding these securities.

The document lists the affected entities, which include prominent financial institutions such as Faysal Bank Limited and Habib Bank Limited, as well as other notable firms like National Bank of Pakistan, The Searle Company Limited, and Attock Petroleum Limited. Allied Bank Limited, JS Global Capital Limited, and IBL Healthcare Limited are also mentioned among those experiencing this issue. According to information available from the Pakistan Stock Exchange (PSX), the loss affects a range of share certificates with verified or unverified transfer deeds, heightening concerns over potential security issues or fraudulent activities in trading environments.

The registrar has urged the market participants not to engage in transactions involving the listed certificates until further notice. If no objections are raised within seven days of this announcement, duplicate certificates will be issued to the rightful shareholders. This preventive measure aims to mitigate any adverse effects on the trading of these shares and ensure the integrity of market transactions.