DATA AGRO LIMITE : DATA AGRO LIMITED

2022

	3-4
Chairman's Review	5
	6-14
	15
	16-17
	18
	19-22
Statement of Financial Position	23-24
Statement of Profit or Loss	25
Comprehensive Income Statement	26
	27
	28

29-53

54-55

56

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Chairman:	Mr. Salim Husain
Chief Executive:	Mr. Faaiz Rahim Khan
Directors:	Mr. Faaiz Rahim Khan
	Mr. Shahzad Ullah Khan
	Mr. Salim Husain
	Mr. Tariq Mahmood Hassan Butt
	Mr. Saad Rahim Khan
	Mr. Anwar-ul-Haq
	Mrs. Saman Ghazi Khan
Chief Financial Officer:	Mr. Muhammad Azam
Company Secretary:	Mr. Suhail Mehmood
Audit Committee:	Mr. Tariq Mahmood Hassan Butt (Chairman)
	Mr. Salim Husain (Member)
	Mr. Saad Rahim Khan (Member)
HR Committee:	Mr. Saad Rahim Khan (Chairman)
	Mr. Tariq Mahmood Hassan Butt (Member)
	Mrs. Saman Ghazi Khan (Member)
Risk Management Committee: Mr. Saad Rahim Khan (Chairman)
	Mr. Shahzad Ullah Khan (Member)
	Mrs. Salim Husain (Member)
Auditors:	M/s. Rafaqat Mansha Mohsin Dossani Masoom & Co.
	Chartered Accountants
	3rd Floor, Sharjah Center,
	62-Shadman Market, Lahore
Bankers:	Habib Bank Limited	Meezan Bank Limited
	Allied Bank Limited	Askari Bank Limited
	The Bank of Punjab	National Bank Limited
	MCB Bank Limited
Legal Advisor:	Ashtar Ali & Co.
	Advocates and Corporate Consultants
Share Registrar:	Hameed Majeed Associates (Pvt.) Ltd.
	H.M. House, 7-Bank Square, Lahore
Registered Office:	Suite 5, The Polo Residence, Opposite Allama
	Iqbal International Airport, Adjacent Sector A,
	Phase 8, DHA, Lahore.

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ANNUAL REPORT

AND ACCOUNTS

QUALITY SEED

NOTICE OF ANNUAL GENERAL MEETING

Notice is hereby given that the 30th Annual General Meeting of Shareholders of Data Agro Limited will be held on Friday October 28, 2022 at 11:00 A.M. at the Registered Office of the Company, Suite 5, The Polo Residence, Opposite Allama Iqbal International Airport, Adjacent Sector-A,Phase-8, DHA, Lahore to transact the following business.

1. To confirm the minutes of 29th Annual General Meeting held on October 27, 2021.
2. To receive and adopt the Audited Accounts of the Company along with Directors and Auditors reports thereon, for the year ended June 30, 2022.
3. To appoint Auditors of the company for the year ended June 30, 2023 and to fix their remuneration. The retiring Auditors M/s Rafaqat Mansha Mohsin Dossani Masoom & Co. Chartered Accountants, being eligible has offered themselves for re-appointment.
4. Any other business with the permission of the chair.

	BY ORDER OF THE BOARD
Lahore	(Suhail Mehmood)
October 06, 2022.	Company Secretary

Participation in Annual General Meeting Through Video Link:

Securities and Exchange Commission of Pakistan through its Circular No. 4, dated February 15, 2021 has directed the listed companies to ensure the participation of members in Annual General Meeting through electronic means as per regular feature in addition to holding physical meetings.

Accordingly, the Company will be providing the facility to all shareholders to participate in the AGM through video link while ensuring compliance with the quorum requirements.

The shareholders intending to participate in the meeting via video link are hereby requested to share following information with the office of the Company Secretary (address mentioned below) earliest but not later than 48 hours before the time of the AGM i.e before 11:00 am on October 26, 2022.

Required information:

Shareholder Name, CNIC Number, Folio/CDC Account No., Mobile phone Number* and Email address* Shareholders are requested to provide active mobile number and email address to ensure timely communication.

Modes of Communication:

The above mentioned information can be provided through following modes:

1. Mobile/WhataApp: 0321-4458932b)
2. E-mail:[e-mail]

Video link details and login credentials (ZOOM) Application) will be shared with those shareholders who provide their intent to attend the meeting containing all the particulars as mentioned above on or before October 26, 2022 by 11.00 am.

Shareholders are also encouraged to provide their comments and queries on the agenda items of the AGM through above contact number/email address which will be appropriately address in the meeting.

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DATA AGRO LIMITED

QUALITY SEED

NOTES:

1. The Share Transfer Books of the Company will remain close from October 22, 2022 to October 30, 2022 (both days inclusive).
2. A member entitled to attend and vote at the above meeting may appoint another member as proxy to attend, speak, & vote on his/her behalf. Proxies in order to be effective must be received at the Registered Office of the Company not later than forty eight hours before the time of meeting and must be duly stamped, signed and witnessed.
3. Members whose shares are deposited within CDC of Pakistan Limited are requested to bring original computerized CNIC along with the participants ID number and their account number in CDC of Pakistan Limited to facilitate identification at the time of annual general meeting. In case of proxy, an attested copy of proxy's CNIC, account and participant CNIC be enclosed. In case of corporate entity, the board of directors resolution/Power of attorney with the specimen signature of the nominee shall be produced at the time of meeting (unless it has been provided earlier or the corporate entity has appointed proxy).
4. Members are requested to notify the Company of the any change in their addresses, if any change inform the Company's Share Registrar M/s Hameed Majeed Associates (Pvt) Ltd at H.M House 7- Bank Square, Lahore.
5. SECP through its Notification SRO 787 (I)/2014 dated September 8, 2014 has allowed the circulation of Audited Financial Statements along with Notice of Annual General Meeting to the members of the Company through e-mail. Therefore, all members of the Company who which to receive soft copy of Annual Reports are requested to send their e-mail address. The consent form for electronic transmission could be downloaded from the Company's website: www.dataagrolimited.com.

1. The Company shall, however, provide hard copy of the Audited Financial Statement to its shareholders, on request, free of cost, within seven days of receipt of such request.

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