Dandot Cement : Transmission of Annual Report for the Year Ended June 30, 2022

Annual Report

2022

DANDOT CEMENT COMPANY LIMITED

Contents

Company Information	2
Notice of Annual General Meeting	3
Vision & Mission	5
Chairman's Review Report	6
Directors' Report to the Shareholders	7
Pattern of Shareholding	11
Statement of Compliance with the listed Companies	13
(Code of Corporate Governance) Regulations, 2019
Independent Auditor's Review Report on	15
Statement of Compliance with the listed Companies
(Code of Corporate Governance) Regulations, 2019
Independent Auditor's Report	16
Financial Statements	20
Summary of Last Ten Year's Financial Results	61
Directors' Report to the Shareholders (Urdu)	65
Notice of Annual General Meeting (Urdu)	67
Jama Punji	68
Form of Proxy

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Company Information

Board of Directors (BOD)	Chief Executive
Taha Muhammad Naseem
Muhammad Farooq Naseem	Chairman of BOD
Mrs. Roohi Farooq Naseem
Zaka Muhammad Naseem
Hamid Mahmood
Murtaza Yousuf Mandviwala
Shafqaat Ahmed
Audit Committee	Member / Chairman / Secretary
Shafqaat Ahmed
Muhammad Farooq Naseem	Member
Hamid Mahmood	Member
Human Resouces & Remuneration
Committee	Member / Chairman
Murtaza Yousuf Mandviwala
Muhammad Farooq Naseem	Member
Taha Muhammad Naseem	Member
Chief Financial Officer
Muhammad Kamran
Statutory Auditors
Amin, Mudassar & Co.
Chartered Accountants, Lahore.
Company Secretary
Muhammad Kamran
Legal Advisor
International Legal Services
Bankers
The Bank of Punjab
United Bank Limited
National Bank of Pakistan
Habib Bank Limited
Bank Alfalah Limited
BankIslami Pakistan Limited
Bank Al-Habib Limited
Askari Bank Limited
JS Bank Limited
Meezan Bank Limited
Registered Office
5-Zafar Ali Road, Gulberg V, Lahore.
Postal Address
43-A/S Zafar Ali Road, Gulberg V, Lahore.
Telephone: [phone]
Factory
Dandot R.S., Distt. Jhelum.
Telephone: [phone], Fax: [phone]
Share Registrar
Corplink (Pvt.) Limited.
Wings Arcade 1-K-Commercial, Model Town, Lahore.
Telephone: [phone], Fax: [phone]
Website
www.dandotcement.com

Notice of Annual General Meeting

NOTICE is hereby given that 42nd Annual General Meeting of the shareholders of Dandot Cement Company Limited for the financial year ended June 30, 2022 will be held on Friday, November 25, 2022 at 43-A/S Zafar Ali Road, Gulberg - V, Lahore at 11:30 a.m. to transact the following business:

ORDINARY BUSINESS

1. To confirm the minutes of the last Annual General Meeting held on December 27, 2021.
2. To receive, consider and adopt the audited accounts of the Company for the year ended June 30, 2022 together with Auditors' and Directors' Reports thereon.
3. To appoint Statutory Auditors and to fix their remuneration.
4. To transact any other business as may be placed before the meeting with the permission of the Chairman.
5. Any other item with the permission of the Chair.

(By Order of the Board)

LAHORE:

(MUHAMMAD KAMRAN)

November 04, 2022

COMPANY SECRETARY

NOTES:

1.

The Share Transfer Books of the Company will remain closed from November 18, 2022 to November 25, 2022 (both

days inclusive) for determining entitlement to attend the Annual General Meeting.

2.

A member entitled to attend and vote at the Meeting may appoint another member as his/her proxy to attend and vote

on his/her behalf. Proxies, in order to be effective, must be received at the Registered Office situated at 5- Zafar Ali

Road Gulberg - V, Lahore, of the Company not later than 48 hours before the time of the holding of the Meeting.

3.

The shareholders through CDC are requested to bring Original Computerized National Identity Card (CNIC) passport

for the purpose of identification to attend the meeting.

4.

Shareholders who have not yet submitted copy of the CNIC/NTN certificate to the Company are requested to send the

same at the earliest.

5.

In case of corporate entity, the Board's resolution or power of attorney with specimen signature of the nominee shall

produce at the time of meeting.

6.

Shareholders having physical share certificates are requested to immediately notify the change in address, if any to

the share registrar of the Company M/s Corplink (Pvt) Limited, Wings Arcade 1-K Commercial Model Town Lahore.

7.

The Company has circulated the annual report along with notice of Annual General Meeting to its members through

email at their registered emails as also allowed under Section 223(6) of the Companies Act. However, the

shareholders who wish to receive the hard copy of the financial statements are requested to send a request using the

"Standard Request Form" (also available on the Company's website http://www.dandotcement.com) at the Company

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1. Section 72 of the Companies Act, 2017 requires every company to replace its physical shares with book-entry form within the period to notify by the SECP. The shareholders having physical shareholding are accordingly encouraged to open their account with Investor Account Services of CDC or Sub-account with any of the brokers and convert their physical shares into scrip less form. This will facilitate the shareholders in many ways, including safe custody and sales of shares, any time they want, as the trading of physical shares is not permitted as per existing regulations of the Pakistan Stock Exchange Limited.
2. Consent for Video Conference facility.
   In compliance with Section 134(I)(b) of the Companies Act, 2017, if the Company receive consent from members holding aggregate 10% or more shareholding residing at geographical location to participate in the meeting through video link facility at least 10 days prior to the date of general meeting, the Company will arrange video link facility in that city.
   To avail this facility, please provide following information and submit to registered office of the Company. The Company will intimate members regarding venue of video conference facility at least 5 days before the date of the general meeting along with complete information necessary to enable them to access the facility.
   I/We,-----------of-----------being a member of the DANDOT CEMENT COMPANY LIMITED, being holder of Ordinary Shares as per register Folio No.-------------hereby option for video conference facility at-------------------.
   Signature of Member.

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