Share Certificates Recovered for Major Pakistani Corporations

Karachi: Share certificates that were previously reported as lost have now been recovered for several major corporations, potentially affecting transactions on the Pakistan Stock Exchange.

On December 5, 2025, it was reported that share certificates for the Pakistan National Shipping Corporation have been found and recovered. These certificates, which were previously declared lost, are now eligible to be included in future dealings.

According to information available from the Pakistan Stock Exchange (PSX), similar recoveries have been made for Askari Bank Limited (AKBL) and Habib Bank Limited. These developments may impact traders and investors as the recovered shares are reintroduced into the market.

For Askari Bank Limited, two separate notifications were issued. In the first instance, certificates belonging to shareholder Ch. Muhammad Basharat, totaling 250 shares, have been found. In a second notification, certificates belonging to Mr. Owais Alvi, totaling 270 shares, were also recovered.

The Pakistan Stock Exchange has advised that these recovered certificates should be circulated among its members to ensure transparency and proper inclusion in market dealings. The designated market category for these stocks remains consistent with the financial sector, and investors are encouraged to update their records to reflect these changes.