DISCLOSURE FORM IN TERMS OF SECTION 96 OF THE SECURITIES ACT, 2015

DISCLOSURE FORM IN TERMS OF SECTION 96 OF THE SECURITIES ACT, 2015

Lahore: February 24, 2023

The General Manager,                                                           

Pakistan Stock Exchange Limited,                                                         

Stock Exchange Building,

Stock Exchange Road, Karachi.

Executive Director/ HOD,

Offsite-II Department,

Supervision Division,

Securities & Exchange Commission of Pakistan,

63-NIC Building, Jinnah Avenue,

Blue Area, Islamabad.

Name of Company                                           : Sazgar Engineering Works Limited

Date of Report (date of earliest

Event reported if applicable)                           :

Address of Registered Office                           : 88-Ali Town, Thokar Niaz Baig, Raiwind Road, Lahore.

Contact Information                                        : Company Secretary, 88-Ali Town, Thokar Niaz Baig,

                                                                          Raiwind Road, Lahore.

Disclosure of Material Information:

In accordance with Section 96 of the Securities Act, 2015 and Clause 5.6.1 (a) of PSX Regulations, Sazgar Engineering Works Limited (the “Company”) hereby conveys the following information:

Due to the Government’s stringent measures of minimizing the import of CKD and raw materials of vehicles, the Company’s supply chain has been disrupted and thereby the Company has decided to shut down its Car Plant (Four Wheeler Plant) from February 27, 2023 to March 04, 2023. However, the Company’s Three Wheeler and Automotive Parts’ manufacturing plant will remain in operation.

Any further update on this matter will be informed to the Exchange accordingly.

You may please inform the TRE certificate holders of the Exchange accordingly.

Thanking you.

Yours sincerely,

For Sazgar Engineering Works Limited

Arshad Mahmood

(Company Secretary)

Production and Sales Data for the month of January, 2023

DISCLOSURE FORM

IN TERMS OF SECTION 131 OF THE SECURITIES ACT, 2015

Lahore: February 10, 2023

The General Manager,                                                                           

Pakistan Stock Exchange Limited,                                                           

Stock Exchange Building,

Stock Exchange Road, Karachi.

Executive Director/HOD,
Offsite-II Department,

Supervision Division,
Securities & Exchange Commission

of Pakistan,

63, NIC Building, Jinnah Avenue,
Blue Area, Islamabad.

Name of Company                                        : Sazgar Engineering Works Limited

Date of Report (date of earliest

Event reported if applicable)                      : N/A

Address of Registered Office                       : 88-Ali Town, Thokar Niaz Baig, Raiwind Road, Lahore.

Contact Information                                    : Company Secretary, 88-Ali Town, Thokar Niaz Baig,

  Raiwind Road, Lahore.

Disclosure of Inside Information:

SUBMISSION OF PRODUCTION AND SALES DATA OF THE COMPANY REGARDING THREE WHEELERS AND FOUR WHEELERS:

We are pleased to provide you the Production and Sales data of the Company regarding three wheelers and four wheelers for the month of January, 2023:

THREE WHEELERS:

MonthProduction UnitsSales Units
January– 20239902,003

FOUR WHEELERS – OFF – ROAD & PASSENGER VEHICLES:

MonthProduction UnitsSales Units
January – 2023238436

Thanking you,

Yours faithfully,

For Sazgar Engineering Works Limited

Arshad Mahmood

(Company Secretary)

Financial Results for the quarter ended December 31, 2022

February 07, 2023

The General Manager,

Pakistan Stock Exchange Limited,

Stock Exchange Building,                                                                                                                                                                           

Stock Exchange Road,                                                                                                                                                                                

Karachi.                                                                                        

SUBJECT:   FINANCIAL RESULTS FOR THE QUARTER ENDED 2022-12-31

Dear Sir,

We have to inform you that the Board of Directors of our Company in their meeting held on 2023-02-07 at 14:45 hrs. at Lahore recommended the following:

1. CASH DIVIDEND                                                                                                  NIL                

2. BONUS SHARES                                                                                                   NIL

3. RIGHT SHARES                                                                                                     NIL

4. ANY OTHER ENTITLEMENT/CORPORATE ACTION                                     

The Board of Directors of the Company in its today’s meeting has, in accordance with Section 159 of the Companues Act, 2017, fixed the number of Directors of the Company at nine (9) Directors, to be elected at the forthcoming Extra Ordinary General Meeting of the Company scheduled to be held on Saturday, March 18, 2023, 11:00 A.M. The Share Transfer Books of the Company will be closed from 2023-03-12 to 2023-03-18 (both days inclusive). Further details will be circulated in due course.

5. ANY OTHER PRICE-SENSITIVE INFORMATION                                             NIL                

6. FINANCIAL RESULTS     

The financial results of the Company are attached as per annexure – I.

The Quarterly Report of the Company will be transmitted through PUCARS separately, within the specified time.

Yours Sincerely,

For Sazgar Engineering Works Limited,

Arshad Mahmood

(Company Secretary)