Dawood Equities : Transmission of Annual Report For The Year Ended June 30 2022

DAWOOD EQUITIES LIMITED

2022

DAWOOD EQUITIES LIMITED
Contents	Page
Corporate Objective
Our Vision...................................................................................................	2
Our Mission................................................................................	2
Company information............................................................................................	3
Notice of 17th Annual General Meeting (AGM)...................................................	4
Review Report By The Chairman............................................................................	6
Directors' Report.................................................................................................	8
....................................................................................................	14
Pattern of Share Holding.....................................................................................	19
Financial Highlights...........................................................................................	21
Statement of Compliance With the Code Of Corporate Governance...................	22
Auditors' Report..................................................................................................	26
Review Report To The Member On Statement Of Compliance
With Best Practice Of Code Of Corporate Governance......................................	30
Financial Statements
Statement of Financial Position..............................................................	32
Statement of Profit & Loss Account ......................................................	33
Statement of Comprehensive Income ....................................................	34
Statement of Cash Flow..........................................................................	35
Statement of Changes in Equity.............................................................	36
Notes to the Financial Statement............................................................	37
Proxy Form ........................................................................................................	72

DAWOOD EQUITIES LIMITED

CORPORATE OBJECTIVE

Our Vision

Our vision is to be leader of "Brokerage industry" in Pakistan with a passion to endeavor maximum business opportunities. We strive to deliver results and perform to the highest standards

Our Mission

Our mission is to become a competetitive, dynamic and growing brokerage house that provides cometitive services, identifies investment opportunities and developers research based data and information.

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DAWOOD EQUITIES LIMITED
Company Information
Board of Directors	Mr. Junaid Dada (Chairman) / (Independent Director)
	Abdul Aziz Habib (Chief Executive)
	Mr. Khalid Yousuf (Non executive Director)
	Mr. Areeb Shujaat (Non executive Director)
	Ms. Sobia Saif (Non executive Director)
	Syed Muhammad Abbas (Independent Director)
	Mr. Saifullah (Non executive Director)
Chief Financial officer & Company Secretary	Mr. Salman Yaqoob
Audit Committee	Syed Muhammad Abbas	Chairman
	Mr. Khalid Yousuf	Member
	Ms. Sobia Saif	Member
HR & R Committee	Syed Muhammad Abbas	Chairman
	Abdul Aziz Habib	(Chief Executive)
	Mr. Areeb Shujaat	Member
External Auditor	M. Yousuf Adil & Company (Chartered Accountants)
Internal Auditor	Reanda Haroon Zakaria & Company (Chartered Accountants)
Legal Advisor	Rauf & Ghaffar Law Associates
Bankers
Bank Al Habib Limited	Albaraka Bank (Pakistan) Limited
Habib Metropolitan Bank Limited	MCB Bank Limited
Bank Al Falah Limited	The Bank of Khyber
United Bank Limited	Bank Islami Pakistan Limited
Website	www.dawoodequities.com
Registered Head Office	17th Floor - Saima Trade Towers-A,
	I.I. Chindrigar Road, Karachi.

Phone No. 021-32271881-1883, Fax No. 021-32275086

PSX Registered Branch Office

PSX Branch-1

Room 409-410, 4th Floor, New Stock Exchange Building, Stock Exchange Road, Karachi. Phone No. 021-32418874, 32460744

Fax No. 021-32418873

PSX Branch-2

Room 806, 8th Floor, New Stock Exchange Building, Stock Exchange Road, Karachi.

Hyderabad Branch

Office No. 07, Mezzanine Floor, Auto Bhan Tower Auto, Auto Bhan Road, Latifabad No. 3, Hyderabad.

Tel: [phone]

Bantavangar Branch

Commercial Shop No. 2, Plot No. C-10,

Bantavanagar, Liquatabad, Karachi.

Contact no: 021-34920630.

Faisalabad Branch

5th Floor, State Life Building, Liaquat Road, Faisalabad.

PMEX Registered Branch Office

DHA Branch	Sheikhupura Branch
Office No. 103, First Floor, Plot No. 23-C,	Sheikhupura Bypass, Nzd,
26th Street, Badar Commercial DHA	Sultan Hospital Care 4 Plaza,
Phase V Ext., Karachi.	Sheikhupura.
Faisalabad Branch
5th Floor, State Life Building, Liaquat Road,
Faisalabad.
Share Registrar	F.D Registrar Services (Pvt) Ltd
	1705 17th Floor, Saima Trade Tower-A,
	I.I. Chundrigar Road, Karachi.
	Phone No. 021-35478192-93, 32271905
	Fax. [phone]

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DAWOOD EQUITIES LIMITED

NOTICE OF 17TH ANNUAL GENERAL MEETING

Notice is hereby given that 17th Annual General Meeting of Dawood Equities Limited will be held at 1700-A, Saima Trade Towers, I. I. Chundrigar Road, Karachi on October 26, 2022 at 8:45 am to transact the following business:

Ordinary Business

1. To confirm the minutes of 16th Annual General Meeting held on October 25, 2021.
2. To receive, consider and adopt the Annual Audited Financial Statements of the Company for the year ended June 30, 2022 together with Directors' and Auditors' Reports thereon.
3. To consider the appointment of Auditors for the year ending June 30, 2022/2023 and to fix their remuneration. The Board of Directors have recommended for reappointment of Yousuf Adil, Chartered Accountants as external auditors.
4. To transact any other Business with the permission of the Chair.

By Order of the Board

Date: October 04, 2022	Salman Yaqoob
Karachi	CFO & Company Secretary
Notes:

1. Book Closure Notice

The Share Transfer Books of DEL will be closed from October 16, 2022 to October 26, 2022 (both days inclusive). Transfers received at our registrar office F.D.Registrar Services Pvt Ltd situated at office # 1705, 17th Floor, Saima Trade Tower, I.I.Chundrigar Road, Karachi at the close of business on October 15, 2022 will be treated in time for the purpose of above entitlement to the transferees.

2. Appointment of Proxy and Participation in the AGM

1. A member entitled to attend, speak and vote at the Annual General Meeting is entitled to appoint another member as his/her proxy to attend, speak and vote for his/her behalf. A proxy must be a member of the Company. A proxy shall also have the right to demand and join in demanding a poll and vote on a poll.
2. The instrument appointing proxy, together with the power of attorney or other authority under which it is signed, as the case may be, or a notarially certified copy of the power or authority, must be deposited at the Registered Office of the Company situated 1700-A, Saima Trade Towers, I. I. Chundrigar Road, Karachi, at least 48 hours before the time of the meeting.

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