Central Depository Company of Pakistan Limited Non Free Float Security Wise Summary Report

Central Depository Company of Pakistan Limited Non Free Float Security Wise Summary Report

Security Symbol : SAZEW  SAZGAR ENGINEERING WORKS LIMITED                        Page# 1 of 1

Non Free Float Date :  31/12/2021                                                                                      User : C0052401

Date: 13/01/2022

Time: 03:41:03

Category No.

Category Description

No. Of Shares

 

 

Issued Share / Certificate Capital of the Company / Modaraba / Mutual Funds 60,445,964
Less:
Physical Shares (21,471,377)
CAT01 Government holdings (292,652)
CAT02 Directors, Sponsors and Senior Management Officers and their Associates (19,186,871)
 

Free Float Shares

 

19,495,064

 

SAZEW_Free_Float Report_31-12-2021

 

 

 

 

 

 

 

DISCLOSURE FORM IN TERMS OF SECTION 131 OF THE SECURITIES ACT, 2015

Securities & Exchange Commission                                                            Lahore: January 12, 2022
of Pakistan,NIC Building, Jinnah Avenue,
Blue Area, Islamabad.

Pakistan Stock Exchange Limited,

Stock Exchange Building,

Stock Exchange Road, Karachi.

 

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 December, 2021:

 

THREE WHEELERS:

Month Production Units Sales Units
December– 2021 1,498 579

 

FOUR WHEELERS – OFF – ROAD & PASSENGER VEHICLES:

Month Production Units Sales Units
December – 2021 12 10

 

Thanking you,

Yours faithfully,

For Sazgar Engineering Works Limited

 

Arshad Mahmood

(Company Secretary

 

SAZGAR Introduces eVe the First Pakistani Manufactured Electric Vehicle

eVe the electric rickshaw of sazgar

From the SAZGAR desk: We, at SAZGAR always believe in economical, durable, comfortable, and environment-friendly means of transportation of international quality at competitive prices. Our vision is to be dynamic, quality-conscious, and ever-progressive to provide our customers with the best options for transportation. SAZGAR has been the market leader for 3-wheelers in Pakistan for the last 15 years. 3-wheelers are known by many names around the world such as Rickshaws, Tuk Tuks, Quinqui’s, Electric Rickshaw, Autos etc.  In continuation of our vision and mission, SAZGAR was proud to achieve a milestone of manufacturing a prototype of the first electric vehicle in Pakistan back in 2015.

This prototype 1 was made using Lead Acid batteries. These batteries however were not durable and offered very little range and battery life, as such they were doomed to fail. This is why SAZGAR never introduced Lead Acid vehicles which started popping up in the market around that time, only to be kept in workshops for most of their life. Instead SAZGAR’s R&D team kept making improvements to the design and incorporated Lithium Ion batteries – the same batteries used in electric cars.

The prototype 2 with Lithium Ion batteries was ready in late 2018 and on 24th January 2020, Founder & CEO of SAZGAR Engineering Mian Asad Hameed, along with Malik Amin Aslam (advisor to Prime Minister for climate change of Pakistan) unveiled the production ready first-ever electric vehicle which is manufactured and engineered in Pakistan. Malik Amin Aslam lauded the efforts of SAZGAR engineering and acknowledged our environmentally friendly policy.

CEO SAZGAR addressing press about electric rickshaw (eVe)

Electric automobiles have been the talk of the town lately; especially after the Prime minister of Pakistan announced an initiative to move toward electric vehicles considering environmental and economic benefits for the country.

SAZGAR Engineering Works Limited in continuation of this development took the initiative of introducing Pakistan’s first locally manufactured E-Rickshaw. Our Chief executive officer Mian Asad Hameed’s vision economic and environmental benefit has driven heavy investment in R&D and we have started to witness that this endeavor has start to bear fruit.

Malik Amin Aslam (advisor to Prime Minister for climate change of Pakistan) reviewing eVe the electric rickshaw
eVe the electric rickshaw 2021

Coming toward the design and comfort of this automobile, the ‘SAZGAR eVe’ offers a sleek design that is both innovative and visually attractive. The 2021 version is a re-design of an iconic cultural rickshaw built over the same vehicle architecture, and is adaptive to the urban landscape. The interior is also modernized to fit the user’s comfort; the handlebar has been upgraded and is not only according to the latest standards but ambient lighting has also been installed to complement its design. The Electric Rickshaw comes with automatic transmission which means no more hectic gear shifts. 

It comes with three transmissions: drive, reverse and neutral, and just like 4-wheelers it comes with a digitized speed-o-meter and a USB charging port. Last but not the least, it comes with a 72V battery which can be charged at home, and it has an electric engine that doesn’t need regular maintenance. The approximate charging time is 5 hrs and a fully charged battery, one can travel 100 Kilometers. The max speed is 90 Km/h; both front and rear wheels come with the disk brake system and the front has been installed with a hydraulic shock system. The maximum load capacity of this electric rickshaw is 400 kg.

electric rickshaw interior

In Conclusion, the SAZGAR eVe is nothing less than a miracle considering the benefits and utility it offers. The only downside for the users right now is the absence of a charging stations in Pakistan but SAZGAR eVe can be charged at home using a normal plug. The fuel economy it cost around 1.5Rs/Km which is five time less than its petrol variant. One of the most pressing issues that E-Rickshaws face in Pakistan is the allocation of registration numbers. As of now, there is no agreement between the federal and provincial governments, and no legislation governing the allocation of registration numbers to electric vehicles had been announced. However, we have high hopes that our government will resolve this issue very soon. Concern is that charging terminals on roads and highways, such as petrol stations, are not as extensively available as petrol stations but in near future this will also be resolved.

for more information contact us or visit eVe.

Production and Sales Data November 2021

DISCLOSURE FORM

IN TERMS OF SECTION 131 OF THE SECURITIES ACT, 2015

 

Lahore: December 09, 2021

Securities & Exchange Commission
of Pakistan,
NIC Building, Jinnah Avenue,
Blue Area, Islamabad.

The General Manager,
Pakistan Stock Exchange Limited,
Stock Exchange Building,
Stock Exchange Road, Karachi.

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 November, 2021:

THREE WHEELERS:

Month Production Units Sales Units
November– 2021 1,395 865

 

FOUR WHEELERS – OFF – ROAD & PASSENGER VEHICLES:

Month Production Units Sales Units
November – 2021 4 4

Thanking you,

Yours faithfully,

For Sazgar Engineering Works Limited

Arshad Mahmood

(Company Secretary)