Production and Sales Data August 2023

Production and Sales Data August 2023

DISCLOSURE FORM

IN TERMS OF SECTION 131 OF THE SECURITIES ACT, 2015

Lahore: September 11, 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 August, 2023:

THREE WHEELERS:

MonthProduction Units UnitsSales Units
August– 20231,3311,089

FOUR WHEELERS – OFF – ROAD & PASSENGER VEHICLES:

MonthProduction UnitsSales Units
August – 2023309298

Thanking you,

Yours faithfully,

For Sazgar Engineering Works Limited

Arshad Mahmood

(Company Secretary)

Financial Results for the Year Ended June 30 2023

September 06, 2023

The General Manager,

Pakistan Stock Exchange Limited,                                                        

Stock Exchange Building, Stock Exchange Road,                                  

Karachi,                                                                                        

SUBJECT:       FINANCIAL RESULTS FOR THE YEAR ENDED 2023-06-30

Dear Sir,

We have to inform you that the Board of Directors of our company in their meeting held on 2023-09-06 at 14:45 at Lahore recommended the following:

  1. CASH DIVIDEND                                                                                     

A final Cash Dividend for the year ended 2023-06-30 at Rs. 4/- per share i.e. 40%.

2. BONUS SHARES                                                                                       NIL

3. RIGHT SHARES                                                                                         NIL

4. ANY OTHER ENTITLEMENT/CORPORATE ACTION                          NIL

5. ANY OTHER PRICE – SENSITIVE INFORMATION                               NIL                 

6. FINANCIAL RESULTS

The financial results of the company are attached as per Annexure – I.

The Annual General Meeting of the Company will be held on 2023-10-26 at 11:15 at Lahore.

The above entitlement will be paid to the shareholders whose names will appear in the Register of Members on 2023-10-19

The Share Transfer Books of the Company will be closed from 2023-10-20 to 2023-10-26 (both days inclusive). Transfers received at the share registrar M/s Corp Tec Associates (Pvt.) Ltd., 503 – E, Johar Town, Lahore at the close of business on 2023-10-19 will be treated in time for the purpose of above entitlement to the transferees.

The Annual Report of the Company will be transmitted through PUCARS atleast 21 days before holding of Annual General Meeting.

Yours faithfully,

For Sazgar Engineering Works Limited,

ARSHAD MAHMOOD

(Company Secretary)

Cc:         Executive Director/HOD,
Offsite-II Department,  Supervision Division,
Securities & Exchange Commission of Pakistan,

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