When a company issues shares in the market and people purchase the shares, they are issued a document called a share certificate. This share certificate serves two purposes, namely as a proof of purchase of the shares and also as a proof of ownership of the shares of the company which have been purchased. This document is a certification of registered ownership of shares from a specific date.
Companies issue share certificate notices when they announce decisions pertaining to their share capital, such as an issue of shares, a further issue of shares, a buyback of shares or a dividend payout.
For shareholders, share certificates are extremely important documents as they are worth a fraction of a company’s share capital and they signify ownership of that specific portion of the company’s capital. Share certificates typically contain the following information:
- The name and registration number of the company
- The certificate number
- The name of the shareholder
- The address of the shareholder
- The number of shares owned by the shareholder
- The class of shares
- The date of issue of the shares
- The amount paid (or treated as paid) on the shares
Therefore, share certificates are highly valuable as they are proof of investment in a company. They contain important information and they are legally enforceable documents in a court of law.
Sometimes, it may so happen that a person who owns a share certificate may lose or misplace it. In such a situation, the owner feels stressed and undergoes tremendous tension. In order to successfully obtain a duplicate share certificate, the owner needs to file an FIR and publish a loss of share certificate advertisement in a newspaper. Such an advertisement must state that share certificates have been lost or misplaced so that the issue of duplicate share certificates can be facilitated.
Publishing a newspaper advertisement for lost certificates fulfils a legal requirement as it is a genuine and bonafide declaration of loss of share certificates. It informs the public as well as the company that the share certificates have been misplaced.
Therefore, if you have misplaced your share certificate, book a loss of share certificate ad through releaseMyAd in a relevant newspaper of your choice. releaseMyAd is India’s largest self-service online ad booking platform with more than a decade of experience in the advertising industry. Over the years, releaseMyAd has gained valuable experience and rich expertise in the domain of ad booking. With its strategic ad placement techniques and a strong network of advertising partners located across the country, releaseMyAd is proud to offer you the lowest rates for your share certificate ads, wherever you may be located.