Karachi: The Pakistan National Shipping Corporation (PNSC) has reported the loss of specific share certificates, prompting a cautionary notice to the members of the Pakistan Stock Exchange (PSX). According to information available from the Pakistan Stock Exchange, the lost certificates belong to the deceased shareholder Maroof Jehan Begum, under Folio #25116. The details of the misplaced certificates are as follows: Scrip numbers range from 256899 with Distinctive numbers from 24031337 to 24031340, covering a total of four shares.
According to information available from the Pakistan Stock Exchange (PSX), the notice issued by CDC Share Registrar Services Limited, which oversees share registration for PNSC, advised all members of the exchange to refrain from dealing in these certificates. The company has stated that if no objections are received within seven days from today's announcement, duplicate certificates will be issued to the concerned shareholder's estate.
The loss of share certificates is a significant matter as it pertains to the security and proper handling of shareholder rights within the stock market infrastructure. The PNSC and CDC Share Registrar Services are handling the situation by ensuring all procedural safeguards are followed before issuing any duplicates to prevent potential misuse.