Karachi: Pioneer Cement Limited has reported that a shareholder, Mr. Muhammad Yousuf, has lost a total of 17 share certificates representing 1,646 shares. The certificates, if not claimed within the stipulated timeframe, will be replaced following a circular issued by the Pakistan Stock Exchange (PSX).
According to information available from the Pakistan Stock Exchange (PSX), the certificates and their respective distinctive numbers were cataloged in a communication addressed to the PSX. The list included eight separate entries with distinct certificate numbers ranging from 85432 to 849078. These certificates correspond to varied holdings, with the largest batch being 400 shares and the smallest, 71 shares.
The transfer deeds for these certificates remain unverified. Pioneer Cement Limited has indicated that if no counterclaim is made within seven days from the notice's date, duplicate certificates will be issued to Mr. Yousuf. This procedural response ensures that the shareholder's holdings are secured against potential fraudulent claims or administrative errors.