PRODUCTION AND SALES DATA FEBRUARY 2022

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PRODUCTION AND SALES DATA FEBRUARY 2022

March 10, 2022

DISCLOSURE FORM

IN TERMS OF SECTION 131 OF THE SECURITIES ACT, 2015

 

Lahore: March 09, 2022

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 February, 2022:

THREE WHEELERS:

Month Production Units Sales Units
February– 2022 1,553 1,504

 

FOUR WHEELERS – OFF – ROAD & PASSENGER VEHICLES:

Month Production Units Sales Units
February – 2022 43 43

 

Thanking you,

Yours faithfully,

For Sazgar Engineering Works Limited

Arshad Mahmood

(Company Secretary)

Last Modified at :  March 10th, 2022

APPOINTMENT OF AN INDEPENDENT DIRECTOR

February 21, 2022

February 17, 2022

The General Manager,

Pakistan Stock Exchange Limited,

Stock Exchange Building,

Stock Exchange Road, Karachi.

Dear Sir,

We have to inform you that Mr. Muhammad Omer Saeed has been appointed as an Independent Director of the Company with effect from 2022-02-17 in place of resigned director, Mr. Sardar Ejaz Ishaq Khan, for the reminder of the term.

 

You may please inform the TRE Certificate Holders of the Exchange accordingly.

Yours truly,

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.

Last Modified at :  February 21st, 2022

FINANCIAL RESULTS FOR THE QUARTER ENDED 2021-12-31

February 21, 2022

 

February 17, 2022

The General Manager,

Pakistan Stock Exchange Limited,

Stock Exchange Building,

Stock Exchange Road, Karachi.

Dear Sir,

We have to inform you that the Board of Directors of our Company in their meeting held on 2022-02-17 at 15:00 hrs. at Lahore recommended the following:

 

  1. CASH DIVIDEND NIL                
  2. BONUS SHARES NIL
  3. RIGHT SHARES NIL
  4. ANY OTHER ENTITLEMENT/CORPORATE ACTION NIL
  5. ANY OTHER PRICE-SENSITIVE INFORMATION NIL

 

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.

Annexure I

 

Yours Sincerely,

For Sazgar Engineering Works Limited,

 

 

 

 

Arshad Mahmood

Company Secreatry

 

 

Last Modified at :  February 21st, 2022

Notice of Closed Period of Quarterly Financial Statements For Period Ended December 31 2021

February 14, 2022

This is to inform you that the Company has declared the closed period from 10′ February, 2022 to 17th February. 2022 for the approval of Quarterly & Half Yearly Financial Statements for the period ended December 31, 2021 as required Clause 5.6.4 of PSX Regulations. Accordingly, No Executive of the Company shall, directly or indirectly, deals in the shares of the Company in any manner during the Closed Period.

 

 

Yours truly,

For Sazgar Engineering Works Limited

Arshad Mahmood

(Company Secretary)

Closed period from 10.02.2022 to 17.02.2022 of BOD

Last Modified at :  February 14th, 2022

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

February 10, 2022

Executive Director/HOD,                                                                                           Lahore: February 10, 2022


Offsite-II Department,

Supervision Division,
Securities & Exchange Commission

of Pakistan,
63, 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 January, 2022:

 

THREE WHEELERS:

Month Production Units Sales Units
January– 2022 1,538 2,731

 

FOUR WHEELERS – OFF – ROAD & PASSENGER VEHICLES:

Month Production Units Sales Units
January – 2022 8 12

 

Thanking you,

 

Yours faithfully,

For Sazgar Engineering Works Limited

 

 

Arshad Mahmood

(Company Secretary

Last Modified at :  February 14th, 2022

SAZGAR UNVEILS BAIC BJ40 PLUS: THE ULTIMATE FOUR-WHEEL DRIVE WITH DISTINCTIVE FEATURES

February 4, 2022

FROM THE SAZGAR DESK: Sazgar Engineering Works has a philosophy that dictates comfort, reliability and intelligent means of transportation of international quality at competitive pricing. In lieu of that philosophy, Sazgar Engineering is proud to announce introduction of the all new BAIC BJ40 PLUS in Pakistan Automotive Industry.

About BAIC Group

Beijing Automotive Industry Corp. (BAIC) is a major automobile manufacturer in China established in 1958 and headquartered in Beijing. BAIC has now developed into a large State-owned automobile enterprise group covering the R&D and manufacturing of complete vehicles, parts & components, auto services and trade, integrated mobility services, finance, investment, and general aviation. It ranks 124th on the Fortune 500 list in 2020.

BAIC Group has an international footprint with exports to more than 30 countries or regions. BAIC exports to Europe, North America, South America, Australia, Africa, the Middle -East, Southeast Asia, South Africa, just to mention a few.  BAIC is one of the top five largest automotive groups in China with over 58 -years of history.

BJ40-PLUS

BAIC, among other vehicles, is launching its SUV in Pakistan under brand name of BJ40 Plus in collaboration with Sazgar Engineering. BJ40 Plus is an off-road SUV designed especially for rough terrains but has since been used for everyday city use as well, mainly because of the comfort it offers. “BJ” stands for Beijing refers to both the country’s capital and the company’s name. The BJ40 was initially introduced in 2013 with a 2.4-liter four-cylinder petrol engine. BJ40 S (Super), BJ40 P (Professional), BJ40 C (City), and BJ40 SE were the four models available (Special Edition). 

In 2019, it received a facelift which was named BJ40 Plus. The facelifted model features a 2.0L turbo engine and is 3 inches wider than the predecessor along with drastic revamp in exterior and interior aesthetics of the vehicle. The newer variant has enhanced the executive form of the vehicle even further. 

EXTERIOR

Because of the sheer size of BJ40 Plus, the vehicle has a very intimidating road presence. Moreover, the ultra-high anti-roll frame, with 210 millimeters of ground clearance, keeps the car from rolling over on bumpy roads. The piano painting on the vertically modeled front grilled body gives the vehicle a striking flair.

 The BJ40 Plus has LED daytime running lights and front combo headlamps. Fog lamps are also included in front and back. Furthermore, the entire interior is illuminated by monochromatic and polychromatic ambient lighting. A LED high-mounted stop lamp and an LED rear combination tail lamp are also included in the package.

 The front and back bumpers as well as majority of the exterior are plated in dazzling silver. The vehicle also has a red tow bar on the front and back. With its skid plate, rear bumper radar bracket, and front / rear bumper lower guard, the BJ40 Plus is ready and reliable for any adventure.

INTERIOR

The interior of the BJ40 Plus is simple and bold, complementing its robust outlook. A steering control switch is located on the leather-wrapped steering wheel. For the driver’s convenience, it may be simply modified by altering its angle. Behind the steering wheel is a 10.25″ full-size LCD instrument screen with altitude, pressure, height, direction, and atmospheric pressure shown along with the ability to change themes. Driving is made easier and more convenient by the manual anti-glare internal rearview mirror.

In the BJ40 Plus, there is a 220V power outlet for charging gadgets. All of the seats are adjustable. For a more pleasant ride, all of the headrests can be adjusted and the back seats can be reclined as well making the vehicle suited for long and tiresome expeditions. The backseats of BJ40 Plus may also be flipped with 60/40 ratio to add storage capacity.

The vehicle’s front fascia houses a 12.3″ central control panel which allows one to use all multimedia services as well as the calling service. The hi-fi sound system’s 6 speakers provide a lively environment for the passengers. Two USB ports, as well as an aux input, are available for connecting or charging devices.  The BJ40 Plus also has automatic air conditioning, which is controlled by daylight sensors. It also contains a CN95 air filtration system which is designed for automotive use, to improve the air quality within the car.

ENGINE

The BJ40 Plus is equipped with a 2.0-liter turbocharged petrol engine that produces 218 horsepower at 5500 rpm and 320 Nm at 4500 Rpm and complemented by a six-speed automatic transmission with four driving modes: eco, comfort, sport, and snowfield. A new-generation electric part-time 4WD system is also included with modes such as 4H and 4L. 

RIDE & HANDLING

BAIC BJ40 Plus has all of the features you’ll need for off-road as well as urban activities. The vehicle boasts many safety and driver-assistance systems to make the ride more comfortable and safe. BJ40’s sturdy body frame keeps it from rolling over and allows it to drive on tough terrain. 

MAINTENANCE

All fast- and slow-moving spare parts and maintenance workshops are readily available at nine BAIC 3S Dealerships in six different cities, locations of which are as follows: 

BAIC 3S DEALERSHIPS:


Queen Motors Lahore (Pvt.) Ltd.

(Authorized Dealer BAIC)

Representative: Omer Sheikh

Address: 19-A Queens Road, Gate no 4 near sir Ganga Ram Hospital, Lahore, Punjab.

 

 

 

Mobile: 0324-4677255

Hashmi & Hashmi Motors Lahore (Pvt.) Ltd.

(Authorized Dealer BAIC)

Representative: Umair Hashmi

Address: Barki Rd, near Paragon City, Block J Park view CHS, Lahore, Punjab.

 

 

Mobile: 0331-4439931

Noon Motors Lahore (Pvt.) Ltd.

(Authorized Dealer BAIC)

Representative: Usman Noon

Address: Multan Rd, near Eden Value Homes, opposite Honda Gateway, Eden Value Homes, Lahore, Punjab

Mobile: 0331-4439931

Kaira Motors Gujrat (Pvt.) Ltd.

(Authorized Dealer BAIC)

Representative: Ghilman Kaira

Address: Grand Trunk Rd, opposite Pace Shopping Mall Near: Servis Industries Gujrat, Gujrat, Punjab

 

Mobile: 0333-8403030

Haval/Baic Rawalpindi Motors (Pvt.) Ltd

(Authorized Dealer BAIC)

Address: Main Grand Trunk Rd, opposite Al-Shifa Eye Hospital, Kotha Kalan Morgah, Rawalpindi, Punjab

Mobile: 0333-6205064

Haval/Baic Islamabad Motors (Pvt.) Ltd.

(Authorized Dealer BAIC)

Address: Lower Ground Floor, Moscow Plaza, Block H Blue Area, Islamabad

 

Mobile: 0321-8542800

Haval/Baic Sialkot Motors (Pvt.) Ltd.

(Authorized Dealer BAIC)

Representative: Khaldoon Sohail

Address: Eureka Industries, 9th Km Daska Road Sialkot

 

 

Mobile: 0321-6157777

Automotive Motors Karachi (Pvt.) Ltd.

(Authorized Dealer BAIC)

Representative: Abdul Naeem

Address: Plot No 2-C, 12th Commercial Street, Phase 2 Extension, DHA, Karachi

Mobile: 0307-2870183

Southern Motors Multan (Pvt.) Ltd.

(Authorized Dealer BAIC)

Address: Main khanewal road, near NLC bypass chowk, Multan, Punjab

Mobile: 0310-5333884

 

 

COLORS AVAILABILITY

CONCLUDING REMARKS

With its unique features, and driving experience; BAIC BJ40 Plus is a magnificent addition to the Pakistani 4-wheeler market and it’s the only one of its kind. In a nutshell, BAIC BJ40 provides an unprecedented utility in SUV segment of Pakistan. A vehicle in which you can experience the comfort and intimidating road presence in an urban ride while having safety and robustness for the off-roads. In BAIC BJ40 Plus, one can truly “HAVE IT ALL”! 

For Booking Click here

or contact us

Last Modified at :  April 7th, 2022

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

January 14, 2022

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

 

 

 

 

 

 

 

Last Modified at :  January 14th, 2022

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

January 14, 2022

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

 

Last Modified at :  January 14th, 2022

SAZGAR Introduces eVe the First Pakistani Manufactured Electric Vehicle

December 9, 2021
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.

Last Modified at :  May 18th, 2022

Production and Sales Data November 2021

December 9, 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)

Last Modified at :  December 10th, 2021