Karachi: Pakistan Oilfields Limited disclosed the loss of a share certificate belonging to shareholder Tanvir Nabi Khan, affecting 552 shares, as reported on September 20, 2024.

The certificate, numbered 57546, encompasses all 552 shares and was reported missing under folio number 1758. This event necessitates caution among the trading members of the Pakistan Stock Exchange, where the shares are listed.

According to information available from the Pakistan Stock Exchange (PSX), the company has issued an alert across its network, advising stakeholders not to transact with the lost certificate. If no objections are raised within seven days regarding the loss, Pakistan Oilfields is prepared to issue a duplicate certificate to Mr. Khan to safeguard his investment rights.

The lost certificate falls under the Large Cap category, indicating its significant influence within the market. Pakistan Oilfields has reassured its investors that steps are being taken to prevent such incidents in the future, emphasizing the importance of stringent security measures to protect shareholder assets.