Karachi: Sazgar Engineering Works Limited has issued a notification regarding the loss of significant share certificates belonging to Mrs. Sana Suleyman of Islamabad. The detailed report emerged today as the company seeks to address the situation and mitigate any potential market disruptions.
Mrs. Suleyman, residing at 8-B, Street #24, F8-2 in Islamabad, reported the loss of certificates numbered 15177 and 16211, which together represent a substantial total of 19,402 shares. The distinctive numbers for these shares range from 8667231 to 8677230 and from 26696451 to 26705852, respectively. Both sets of certificates are currently unverified.
According to information available from the Pakistan Stock Exchange (PSX), Sazgar Engineering has promptly informed Exchange members about the incident, advising them not to engage in transactions involving these specific certificates. The company has set a seven-day period for any objections to be raised; failing which, duplicate certificates will be issued to Mrs. Suleyman upon the completion of necessary documentation.
This action is part of the company's standard procedure to ensure the integrity of its shareholder records and to prevent unauthorized trading following the loss of share documents.