Lahore: Pioneer Cement Limited has announced the receipt of an indemnity request from a shareholder, Mr. Noor Ul Hassan, following the reported loss of seven share certificates. The certificates collectively represent a total of 548 shares in the company.

The shareholder, identified as Mr. Noor Ul Hassan, holds the shares under the folio number 6516. The lost certificates, numbered 60712 to 60716, cover 500 shares distinguished by numbers ranging from 48573001 to 48573500. Additionally, certificate numbers 842701 and 847035 cover 25 and 23 shares respectively, with distinctive numbers from 155591532 to 155591556 and 163270697 to 163270719.

According to information available from the Pakistan Stock Exchange (PSX), the company has stated that in the absence of any claims, duplicate share certificates will be issued seven days following the date of the circular. This procedural approach is in line with the regulations set forth by the exchange.

The market category designated for Pioneer Cement is the cement sector. The company has emphasized the importance of prompt verification of the transfer deed to facilitate the issuance of the duplicate certificates. The decision underscores the company’s adherence to ensuring proper documentation and compliance with exchange requirements.