Governance

BOARD OF DIRECTORS

Father’s Name

Mr. Ch. Shahnawaz (Late)

Designation

Chairman
Qualification MBA (USA)
Experience About 40 years working experience in sugar and food industries.
Address 56- Bund Road Lahore.

Father’s Name

Mr. Muneer Nawaz

Designation

Chief Executive
Qualification B.A (USA)
Experience About 15 years working experience in food industry.
Address 56- Bund Road Lahore.

Father’s Name

Mr. Ch. Shahnawaz (Late)

Designation

Director
Qualification B.A
Experience About 55 Years working experience in trading and food business.
Address Shahnawaz Building19, Dockyard Road, Westwharf, Karachi.

Father’s Name

Mr. Ch. Muhamamd Sharif (Late)

Designation

Director
Qualification M.A. L.L.B
Experience About 45 Years working experience in trading, automobile and textile industry.
Address Shahnawaz Building19, Dockyard Road, Westwharf, Karachi.

Father’s Name

Mr. C.M. Khalid (Late)

Designation

Director
Qualification MBA
Experience 15 years working experience in food and engineering industry.
Address 56- Bund Road Lahore.

Spouse Name

Mr. Bilal Ahmad Bajwa

Designation

Director
Qualification B.A (USA)
Experience About 5 years working experience in food industry.
Address 56- Bund Road Lahore.

Father’s Name

Mr. Chaudhry Safdar Ali

Designation

Independent Director
Qualification Rtd. Captain
Experience About 55 years working experience in food industries.
Address 59-L Phase I, DHA Lahore.

Father’s Name

Mr. Syed Shaukat Hussain Rizvi

Designation

Nominee Director (N.I.T)
Qualification MBA, L.L.B
Experience 40 years working experience in the field of banking, development financing, manufacutring, utility and regulatory organizations. Company Director since July 2014 as nominee of NIT.
Address 6th floor, NBP Building I.I. Chundrigar Road Karachi.

Chief Financial Officer & Company Secretary

Mr. Faisal Ahmad Nisar, FCA

Audit Committee

1 Mr. M. Naeem Chairman
2 Mr. Muneer Nawaz Member
3 Mr. Rashed Amjad Khalid Member
4 Mr. Saifi Chaudhry Member

Human Resource and Remuneration Committee

1 Mr. M. Naeem Chairman
2 Mr. Muneer Nawaz Member
3 Mr. Humayun A. Shahnawaz Member

NAME OF AUDITOR

EY Ford Rhodes,
Chartered Accountants,

96-B-1, 4th Floor, Pace Mall Building,
M.M. Alam Road, Gulberg II, Lahore.

NAME OF LEGAL ADVISOR

Cornelius, Lane & Mufti,

Nawa-e-Waqt Building,
Shahrah-e-Fatima Jinnah, Lahore

SHARE HOLDING PATTERN

1 Incorporation Number: 0001883.
2 Name of Company: Shezan International Limited.
3 Pattern of holding of the shares held by the shareholders as at 30 June 2016.
4 No. of Shareholders Shareholding From To Total Shares Held
203 1 100 5,040
154 101 500 36,759
89 501 1,000 70,095
67 1,001 5,000 163,395
10 5,001 10,000 70,519
2 10,001 15,000 27,377
2 15,001 20,000 31,273
5 20,001 25,000 111,896
1 25,001 30,000 27,650
2 30,001 35,000 65,823
2 35,001 40,000 73,000
2 40,001 45,000 87,179
1 45,001 50,000 48,995
1 50,001 55,000 50,350
1 65,001 70,000 68,684
1 75,001 80,000 79,662
2 100,001 105,000 203,409
1 105,001 110,000 109,500
1 110,001 115,000 114,469
1 130,001 135,000 130,732
1 135,001 140,000 138,232
3 140,001 145,000 424,977
3 145,001 150,000 437,991
1 160,001 165,000 162,650
1 180,001 185,000 182,317
1 185,001 190,000 188,990
1 260,001 265,000 263,628
2 330,001 335,000 669,998
1 345,001 350,000 347,390
1 595,001 600,000 599,327
1 740,001 745,000 742,338
1 755,001 760,000 757,100
1 1,495,001 1,500,000 1,495,255
566 7,986,000
5 Categories of Shareholders Shares held Percentage
1 Directors, Chief Executive Officer, and their spouse and minor children 2,699,507 33.8030%
2 Associated Companies, undertakings and related parties 3,493 0.0437%
3 NIT and ICP 0.0000%
4 Banks Development Financial Institutions, Non Banking Financial Institutions 851 0.0107%
5 Insurance Companies 179,775 2.2511%
6 Modarabas and Mutual Funds 144,650 1.8112%
7 Share holders holding 10% or more 1,495,255 18.7235%
8 General Public
a Local 2,882,065 36.0890%
b Foreign 0.0000%
9 Others 8,799 0.1102%
Joint Stock Companies 79,871 0.9250%
Pension Funds 149,832 1.8762%
Foreign Companies 347,390 4.3500%
Executives 512 0.0064%
Share holders holding 5% or more 3,627,143 45.4188 %
Name Holdings %Age
5.1 DIRECTORS, CEO THEIR SPOUSES & MINOR CHILDREN
1 Mr. Mahmood Nawaz 742,338 9.2955%
Mr. Mahmood Nawaz (CDC) 33,123 0.4148%
2 Mr. Muneer Nawaz 599,327 7.5047%
3 Mr. M. Naeem 48,995 0.6135%
4 Mr. Rashid Amjad Khalid 145,891 1.8268%
Mr. Rashid Amjad Khalid 158 0.0020%
5 Mr. Humayun Shahnawaz 334,999 4.1948%
6 Ms. Manahil Shahnawaz 162,650 2.0367%
7 Mr. Munaf Ibrahim (CDC) 182,317 2.2830%
8 Mr. Syed Etrat Hussain Rizvi (NIT Nominee) 0.0000%
9 Mrs. Abida Muneer Nawaz w/o Mr. Muneer Nawaz 79,662 0.9975%
10 Mrs. Bushra Mahmood Nawaz w/o Mr. Mahmood Nawaz 5723 0.0717%
11 Mrs. Amtul Bari Naeem w/o Mr. M. Naeem 263,628 3.3011%
Mrs. Baree Naeem w/o Mr. M. Naeem 100,696 1.2609%
2,699,507 33.8030%
5.2 ASSOCIATED COMPANIES, UNDERTAKINGS AND RELATED PARTIES
Shezan Services (Private) Limited (CDC) 3,493 0.0437%
3,493 0.0437%
5.3 NIT & ICP 0.0000%
5.4 BANKS, DEVELOPMENTS, FINANCIAL INSTITUTIONS, NON BANKING FINANCIAL INSTITUTIONS
National Bank of Pakistan (CDC) 851 0.0107%
851 0.0107%
5.5 INSURANCE COMPANIES
1 EFU Life Assurance Limited (CDC) 109,500 1.3711%
2 Habib Insurance Company Limited (CDC) 1,193 0.0149%
3 Habib Insurance Company Limited (CDC) 398 0.0050%
4 State Life Insurance Corporation of Pakistan (CDC) 68,684 0.8601%
179,775 2.2511%
5.6 MODARABA & MUTUAL FUNDS
1 CDC – Trustee Lakson Equity Fund (CDC) 27,650 0.03462%
2 CDC – Trustee MCB Pakistan Asset Allocation Fund (CDC) 4,650 0.0582%
3 CDC – Trustee Nafa Islamic Stock Fund (CDC) 20,700 0.2592%
4 CDC – Trustee Nafa Stock Fund (CDC) 36700 0.4596%
5 CDC – Trustee NIT Islamic Equity Fund (CDC) 50,350 0.6304%
6 CDC – Trustee  NIT Equity Market Opportunity Fund (CDC) 2,000 0.0250%
7 CDC – Trustee Pakistan Capital Market Fund (CDC) 2,600 0.0326%
144,650 1.8112%
5.7 SHAREHOLDERS HOLDING 10% OR MORE OF TOTAL CAPITAL
CDC – Trustee National Investment (Unit) Trust 1,495,255 18.7235%
1,495,255 18.7235%
5.8 GENERAL PUBLIC
a Local 2,988,065 36.0890%
b Foreign 0.0000%
2,988,065 36.5772%
5.9 OTHERS
1 Trustee National Bank Of Pakistan Employees Benevolent Fund Trust (CDC) 4,849 0.0607%
2 Descon Chemicals Limited Gratuity Fund (CDC) 50 0.0006%
3 Trustee Descon Power Solutions Private Limited Employees Provident Fund Trust (CDC) 200 0.0025%
4 Trustee Descon Oxychem Limited Employees Provident Fund Trust (CDC) 100 0.0013%
5 Trustee Inspectest (Private) Limited Employees Provident Fund (CDC) 50 0.0006%
6 Trustee Sanofi Aventis Pakistan Employees Provident Fund (CDC) 3,550 0.0445%
8,799 0.1102%
5.9.1 JOINT STOCK COMPANIES
1 Murree Brewery Company Limited 158 0.0020%
2 Drekkar Kingsway Limited (CDC) 25,000 0.3130%
3 BMA Capital Management Limited (CDC) 5,000 0.0626%
4 Burma Oil Mills Limited (CDC) 665 0.0083%
5 HK Secuirties (Private) Limited (CDC) 9,950 0.1246%
6 Ismail Abdul Shakoor Securities (Private) Limited (CDC) 264 0.0033%
7 Kaisar Shahzada (Private) Limited (CDC) 32,700 0.4095%
8 Magnus Investment Advisors Limited (CDC) 132 0.0017%
9 NH Capital Fund Limited (CDC) 2 0.0000%
73,871 0.9250%
5.9.2 PENSION FUNDS
1 Trustee National Bank Of Pakistan Employees Pension Fund (CDC) 138,232 1.7309%
2 Trustee Nafa Islamic Pension Fund Equity Account (CDC) 3,800 0.0476%
3 Trustee Sanofi Aventis Pakistan Senior Executive Pension Fund (CDC) 1,600 0.0200%
4 Trustee Pakistan Pension Fund – Equity Sub Fund (CDC) 6,200 0.0776%
149,832 1.8762%
5.9.3 FOREIGN COMPANIES
Tundra Pakistan Fund (CDC) 347,390 4.3500%
347,390 4.3500%
5.9.4 EXECUTIVES
Mr. Waseem Amjad Mahmood (CDC) 512 0.0064%
7,986,000 100.0000%
SHAREHOLDERS HOLDING 5% OR MORE OF TOTAL CAPITAL
1 CDC – Trustee National Investment (Unit) Trust (CDC) 1,495,255 18.7235%
2 Mr. Mahmood Nawaz 775,461 9.7103%
3 Ms. Amina Wadawala (CDC) 757,100 9.4803%
4 Mr. Muneer Nawaz 599,327 7.5047%
3,627,143 45.4188%
During the financial year there was no trading in shares of the Company by the Directors, CEO, CFO, Company Secretary and their spouses and minor children.