Karachi: Pioneer Cement Limited has encountered a procedural hurdle following the loss of share certificates by a shareholder, as reported on September 29, 2026. The shareholder in question, Mr. Naseem Anwar, has submitted an indemnity bond to address the issue, according to a report from Corplink (Pvt.) Ltd.

Mr. Anwar, who holds shares under Folio No. 13695, has reported the loss of certificates numbered 372-376 and 387-391. The distinctive numbers for these lost certificates are 42539001-42539500 and 42540501-42541000, respectively, with a total holding of 1,000 shares.

According to information available from the Pakistan Stock Exchange (PSX), the submission of an indemnity bond is a standard procedure to safeguard the interests of both the shareholder and the company in such cases. The bond serves as a legal assurance that shields the company from any potential claims that might arise from the lost certificates.

This incident highlights the importance of maintaining accurate and secure records of shareholdings, especially for companies operating within the market category. Pioneer Cement Limited, along with other companies listed on the PSX, continues to navigate the complexities of share certificate management, ensuring compliance with established protocols to protect shareholder interests.