Karachi: In a recent disclosure, Sui Northern Gas Pipelines Limited (SNGPL) announced the loss of a substantial number of share certificates belonging to a shareholder, Mr. Ayatollah Qamar. This announcement, dated September 5, 2025, has prompted the company to issue a notice to the members of the Pakistan Stock Exchange (PSX), advising caution in dealings related to these specific shares.
The lost share certificates, detailed in the company’s notice, encompass a considerable quantity of shares amounting to a total of 860. According to the notification, the certificates, along with verified or unverified transfer deeds, have been reported as lost or misplaced. Among the listed certificates, several distinctive numbers and corresponding share quantities are affected, including one certificate numbered 112131, covering shares from 38423350 to 38423399, and others with varying distinctive numbers and quantities.
According to information available from the Pakistan Stock Exchange (PSX), the company has requested that the market participants refrain from engaging in transactions involving these lost certificates. The notice specifies that if no objections are raised within three days of the notice’s issuance, SNGPL plans to issue duplicate share certificates to the concerned shareholder.
SNGPL’s notification highlights the necessity for vigilance in the market to prevent any unauthorized transactions involving the misplaced shares. The company has circulated this information among exchange members to ensure transparency and maintain market integrity. The designated market category for this disclosure involves the exchange’s securities handling and management protocols.