PAKISTAN’S FIRST LICENSED EV RICKSHAW
PAKISTAN’S FIRST LICENSED EV RICKSHAW
SAZGAR, a leading innovator and the pioneer of electric rickshaw in the automotive industry, took center stage at the highly anticipated Electric Licensing Event by the Government of Punjab on Tuesday 9th January 2024. The event was hosted at Faletti’s, Lahore which was attended by Chief Minister of Punjab, Syed Mohsin Raza Naqvi and SAZGAR CEO Mian Asad Hameed.
Back In 2005, SAZGAR was given the first 4-stroke CNG Rickshaw license of Pakistan which was presented by Ex-Chief Minister Punjab, Pervaiz Elahi to SAZGAR CEO, Mian Asad Hameed and now continuing the trend. SAZGAR CEO, Mr. Mian Asad Hameed received the first ever EV Rickshaw manufacturing license of Pakistan, by the honorable Chief Minister of Punjab, at the EV Licensing ceremony hosted by the Government of Punjab. This step marks a new era of electric vehicles in Pakistan and a step towards sustainable living. The event showcased SAZGAR’s commitment to revolutionize the automotive landscape with its cutting-edge electric vehicles (EVs). Attendees were treated to an immersive experience, featuring live demonstrations, informative displays, and in-depth presentations on the latest technological advancements in the electric mobility sector by SAZGAR.
Since the start, SAZGAR has emphasized on revolutionizing the automobile industry and reducing carbon emission in Pakistan by introducing the first 4 stroke CNG rickshaw and now the first EV rickshaw of Pakistan in an effort to bring sustainable living and a greener future.
The SAZGAR EV electric rickshaw features a sleek design with a powerful electric engine that delivers exceptional performance, efficiency and turns head with its road presence. It delivers an exceptional range of 100km (base variant) and 160km (top variant) when fully charged with only up to 4 hours of charging time and it also features digitized odometers.
SAZGAR also set the millstone for being the first company from Pakistan to export its 3-wheelers to more than 30 countries with repeating orders from Japan. Not only that, but the first to export its fleet of electric rickshaw from Pakistan to Liberia. SAZGAR aim is to revolutionize the automotive industry in Pakistan by setting milestones and leading the way to a more sustainable Pakistan.
SAZGAR is committed to ensure technological advancement in Pakistan. Its global footprint is very extensive and it has successfully emerged as the market leader in the 3-wheeler category, with its state-of-the-art production facilities and efficient operation through people-centric policies.
Production and Sales Data December 2023
DISCLOSURE FORM
IN TERMS OF SECTION 131 OF THE SECURITIES ACT, 2015
PRODUCTION AND SALES DATA October 2023
PRODUCTION AND SALES DATA SEPTEMBER 2023
DISCLOSURE FORM
IN TERMS OF SECTION 131 OF THE SECURITIES ACT, 2015
Lahore: October 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 September, 2023:
THREE WHEELERS:
Month Production Units Sales Units
September– 2023 1,175 1,026
FOUR WHEELERS – OFF – ROAD & PASSENGER VEHICLES:
Month Production Units Sales Units
September – 2023 306 302
Thanking you,
Yours faithfully,
For Sazgar Engineering Works Limited
Arshad Mahmood
(Company Secretary)
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:
| Month | Production Units Units | Sales Units |
| August– 2023 | 1,331 | 1,089 |
FOUR WHEELERS – OFF – ROAD & PASSENGER VEHICLES:
| Month | Production Units | Sales Units |
| August – 2023 | 309 | 298 |
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:
- 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.
Production and Sales Data July 2023
DISCLOSURE FORM IN TERMS OF SECTION 131 OF THE SECURITIES ACT, 2015
Lahore: August 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 July, 2023:
THREE WHEELERS:
| Month | Production Units | Sales Units |
| July– 2023 | 977 | 761 |
FOUR WHEELERS – OFF – ROAD & PASSENGER VEHICLES:
| Month | Production Units | Sales Units |
| July – 2023 | 124 | 135 |
Thanking you,
Yours faithfully,
For Sazgar Engineering Works Limited
Arshad Mahmood
(Company Secretary)
Production and Sales Data June 2023
DISCLOSURE FORM
IN TERMS OF SECTION 131 OF THE SECURITIES ACT, 2015
Lahore: July 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 June, 2023:
THREE WHEELERS:
| Month | Production Units Units | Sales Units |
| June – 2023 | 570 | 592 |
FOUR WHEELERS – OFF – ROAD & PASSENGER VEHICLES:
| Month | Production Units | Sales Units |
| June – 2023 | 245 | 228 |
Thanking you,
Yours faithfully,
For Sazgar Engineering Works Limited
Arshad Mahmood
(Company Secretary)