Shezan International : Transmission of Annual Report for the Year Ended 30-06-2022

OUR VISION

OUR MISSION

To be known as leader of quality products in the region.

Dedication to quality is a way of life at our Company, so much so that it goes far beyond rhetorical slogans. It is the objective of Shezan International Limited to produce and provide products and services of the highest quality. In its activities the Company will pursue goals aimed at the achievement of quality excellence and succeed as a profitable business. These results will be derived from the dedicated efforts of each employee in conjunction with supportive participation from management at all levels of the Company.

To play its role in the economic development of the country and to enhance quality of life of its people.

Our mission is to provide the highest quality fruit and vegetable related juices and products to retail and food service customers.

We want to be the recognized industry leader in quality and service, providing more than expected for our customers, employees and stakeholders.

We will accomplish this by maintaining a tradition of pride in our products, growth through innovation, integrity in the management of our business, commitment to Team Management and the Quality Improvement Process.

CONTENTS

Company Information	03
Notice of Annual General Meeting	04
Review Report by the Chairman	08
Directors' Report to the Members	10
Corporate Social Responsibility	20
Pattern of Shareholding	22
Six Years Review at a Glance	25
Independent Auditor's Review Report	28
Statement of Compliance	29

Independent Auditor's Report	31
Statement of Financial Position	34
Statement of Profit or Loss	35
Statement of Comprehensive Income	36
Statement of Changes in Equity	37
Statement of Cash Flows	38
Notes to the Financial Statements	39
Proxy Form	79

COMPANY INFORMATION

Board of Directors:

Mr. Muneer Nawaz	Chairman
Mr. Humayun A. Shahnawaz	Chief Executive
Mr. M. Naeem
Mr. Abid Nawaz
Mr. Rashed Amjad Khalid
Ms.Manahil Shahnawaz
Mr. Shahid Hussain Jatoi	(Independent Director)
Mr. Abdul Hamid Ahmed Dagia	(Independent Director)
Mr. Nauman Khalid	(Independent Director)

Chief Financial Officer:

Mr. Faisal Ahmad Nisar, FCA

Company Secretary:

Mr. Khurram Babar

Audit Committee:

Mr. Shahid Hussain Jatoi	Chairman
Mr. Muneer Nawaz	Member
Mr. M. Naeem	Member
Mr. Rashed Amjad Khalid	Member

Human Resource &

Remuneration Committee:

Mr. Nauman Khalid	Chairman
Mr. Muneer Nawaz	Member
Mr. M. Naeem	Member
Mr. Humayun A. Shahnawaz	Member

Registered Office / Head Office:

56 - Bund Road, Lahore-54500. Phones: [phone]-04.

Faxes: [phone] & 37466895.

E-mail: [e-mail]

Factories:

• 56 - Bund Road, Lahore - 54500. Phones: [phone]-04.
  Faxes: [phone] & 37466895.
  E-mail: [e-mail]
• Plot No. L-9, Block No. 22,
  Federal "B", Industrial Area, Karachi-75950. Phones: [phone]-23.
  Fax: [phone].
  E-mail: [e-mail]
• Plot No. 33-34, Phase III,
  Hattar Industrial Estate, Hattar - 66210 Phones: [phone] & 617343.
  Fax: [phone].
  E-mail:[e-mail]

Website:

www.shezan.pk

Auditors:

EY Ford Rhodes,

Chartered Accountants,

96-B-1, 4th Floor, Pace Mall Building,

M. M. Alam Road, Gulberg II, Lahore.

Share Registrar:

Corplink (Private) Limited,

Wings Arcade, 1-K, Commercial,

Model Town, Lahore.

Legal Advisors:

Cornelius, Lane & Mufti,

Nawa-e-Waqt Building,

Shahrah-e-Fatima Jinnah, Lahore.

Bankers:

United Bank Limited.

MCB Bank Limited.

National Bank of Pakistan.

Bank Al-Habib Limited.

Habib Bank Limited.

Bank Alfalah Limited.

Allied Bank Limited.

Habib Metropolitan Bank Limited.

ANNUAL REPORT 2022

03