September 24, 2021
The General Manager,
Pakistan Stock Exchange Limited,
Stock Exchange Building, Stock Exchange Road,
SUBJECT: FINANCIAL RESULTS FOR THE YEAR ENDED 2021-06-30
We have to inform you that the Board of Directors of our company in their meeting held on 2021-09-24 at 14:30 at Lahore recommended the following:
1. CASH DIVIDEND NIL
2. BONUS SHARES
It has been recommended by the Board of Directors to issue Bonus Shares in the proportion of 30 shares for every 100 shares held i.e. 30%.
3. RIGHT SHARES NIL
4. ANY OTHER ENTITLEMENT/CORPORATE ACTION NIL
5. ANY OTHER PRICE – SENSITIVE INFORMATION
Attached as per Annexure -II
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 2021-10-27 at 11:30 at Lahore.
The above entitlement will be paid to the shareholders whose names will appear in the Register of Members on 2021-10-20.
The Share Transfer Books of the Company will be closed from 2021-10-21 to 2021-10-27 (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 2021-10-20 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.
For Sazgar Engineering Works Limited,
Annexure I & II