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.