Karachi: Shares previously reported as lost have been recovered, according to an announcement by Famco Share Registration Services (Pvt) Limited. The shares belong to Mr. Jivanjee Chandia and were registered under ABDQTT Laboratories (Pakistan) Limited. The disclosure comes as a relief to the stakeholders involved and emphasizes the efficiency of Famco's share registration management.

The lost certificates for 61 shares, distinctly numbered between 52226839 and 52226899, were found after being misplaced, leading to potential market discrepancies. These shares, associated with the folio number 273, were listed at Al-Rehman Center on Juma Gali, Wellington Street, Saddar, Karachi.

According to information available from the Pakistan Stock Exchange (PSX), the recovered certificates were part of an essential update to prevent unauthorized transactions and to maintain the integrity of trading activities. Famco Share Registration Services has requested that the recovery information be circulated among members of the exchange to ensure that the shares are traded normally and transparently.

The re-emergence of these certificates underlines the importance of rigorous tracking and management systems in share registration and the handling of such securities. It also highlights the swift action taken by Famco to rectify the situation, further stabilizing market trust and investor confidence in the financial oversight mechanisms in place.