A share certificate is documentary proof of an investment made in a company. Share certificates are given when a company has raised capital through an issue of its shares. Share certificates, therefore, are considered to be extremely valuable documents for the holder. Companies issue share certificate notices when they announce decisions related to their share capital, such as an issue, a further issue, a buyback, a or a dividend payout.
Share certificates are, at their core, documents that amount to a fraction of a company’s ownership, and are therefore highly valuable. Their actual monetary value may be in the thousands, and even in lakhs and crores, depending on the company and number of shares held. Therefore, they must be kept safe as far as possible. However, sometimes it may happen that share certificates are lost or misplaced, causing distress and tension to the shareholder. In such a scenario, it becomes necessary to file an FIR and publish an advertisement in the newspaper stating that the share certificates have been lost so that duplicates can be issued.
The benefits of publishing share certificate ads in odia newspapers are as follows:
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