Karachi: Telecard Ltd, a prominent player in the telecommunications sector, has reported the loss of original share certificates associated with shareholder Chaman Ara Begum. The company disclosed that share certificates numbered from 108730 to 108829, covering distinctive numbers from 190001 to 200000, and representing a total of 10,000 shares, have been misplaced.

The announcement, made on October 20, 2023, underscores the company's commitment to maintaining transparency and safeguarding shareholder interests. Telecard Ltd has issued a notice to inform members of the Pakistan Stock Exchange (PSX) about this development. According to the company, if no objections or claims are received within 15 days from the date of the announcement, duplicate share certificates will be issued after obtaining the necessary indemnity.

The telecommunications firm, listed in the designated market category of the Pakistan Stock Exchange, is actively seeking to resolve the situation. According to information available from the Pakistan Stock Exchange (PSX), shareholders and members are urged to urgently send a copy of the printed notice circulated amongst members of the exchange in order to facilitate the issuance of duplicate certificates.

Telecard Ltd is hopeful that the matter will be resolved swiftly and in compliance with regulatory standards. The company reassures its stakeholders of its commitment to adhering to best practices in corporate governance and shareholder communication.