Board Of Directors

1 Mian Hassan ManshaChairman
2 Mr. Norez AbdullahDirector
3Mr. Ahmad Aqeel Director
4 Mr. Mahmood Akhtar Director
5 Mr. Shahzad Ahmad Malik Director
6Mr. Ghazanfar Husain MirzaChief Executive
7Mr. Yousaf BashirDirector

Audit Committee

1Mr. Shahzad Ahmad Malik

Member

2Mr. Yousaf Bashir
Member
3Mr. Ahmad AqeelMember/Chairman

Human Resource & Remuneration Committee

1Mr. Ghazanfar Husain Mirza
Member

2Mian Hassan Mansha
Member
3Mr. Ahmad AqeelMember/Chairman

Code of Conduct

Notices

Shareholding Pattern

CATEGORIES OF SHAREHOLDERS AS ON JUNE 30, 2020
PATTERN OF SHAREHOLDING AS AT JUNE 30, 2020

Sr # CategoriesShares HeldPercentage
1Directors, Chief Executive Officer, and their spouse and Minor Children4,5010.0013
2Associates Companies, Undertkaings and related parties180,632,95551.0135
3NIT and ICPNilNil
4Bank Development Financial Institutions, Non Banking Financial Institutions49,226,00013.9022
5Insurance Companies5,364,9881.5152
6Modarabas and Mutual Funds106,0000.0299
7Shareholders holding 10% or more180,632,95551.0135
8General Public
a. Local
b. Foreign
91,976,762
60,500
25.9756
0.171
9Others26,716,9747.5452

Company Meeting

Shareholders Meeting

Notices of general meetings, election of directors, dividend / bonus declarations and right issue

DATE PURPOSE LINK
29-Jul-20 SUBMISSION OF ANNUAL AUDITED ACCOUNTS FOR THE PERIOD ENDED JUNE 30, 2020 https://dps.psx.com.pk/download/document/150403.pdf
28-Jul-20 Financial Results for the year ended June 30,2020 https://dps.psx.com.pk/download/document/150345.pdf
20-Jul-20 Board Meeting https://dps.psx.com.pk/download/document/150053.pdf
30-Jun-20 MATRIAL INFORMATION https://dps.psx.com.pk/download/document/149508.pdf
29-Apr-20 Transmission of Quarterly Report https://dps.psx.com.pk/download/document/146903.pdf
27-Apr-20 FINANCIAL RESULTS FOR THE 3RD QUARTER ENDED MARCH 31, 2020 https://dps.psx.com.pk/download/document/146613.pdf
17-Apr-20 BOARD MEETING https://dps.psx.com.pk/download/document/145917.pdf
25-Mar-20 CREDIT OF 10% INTERIM CASH DIVIDEND https://dps.psx.com.pk/download/document/145005.pdf
20-Feb-20 SUBMISSION OF HALF YEARLY ACCOUNTS FOR THE PERIOD ENDED DECEMBER 31, 2019 https://dps.psx.com.pk/download/document/143077.pdf
13-Feb-20 FINANCIAL RESULTS FOR THE HALF YEAR ENDED DECEMBER 31, 2019 https://dps.psx.com.pk/download/document/142627.pdf
04-Feb-20 Board Meeting https://dps.psx.com.pk/download/document/142293.pdf
18-Nov-19 Corporate Briefing Session on FY 2019 Business Results of Nishat Power Limited https://dps.psx.com.pk/download/document/139409.pdf
25-Oct-19 SUBMISSION OF QUARTERLY ACCOUNTS FOR THE PERIOD ENDED SEPTEBER 30, 2019 https://dps.psx.com.pk/download/document/137647.pdf
23-Oct-19 FINANCIAL RESULTS FOR THE 3RD https://dps.psx.com.pk/download/document/137490.pdf
15-Oct-19 Board Meeting https://dps.psx.com.pk/download/document/136799.pdf
03-Oct-19 Transmission of Annual Audited Accounts https://dps.psx.com.pk/download/document/135799.pdf
23-Sep-19 NOTICE OF ANNUAL GENERAL MEETING https://dps.psx.com.pk/download/document/134797.pdf
18-Sep-19 FINANCUAL RESULTS FOR THE YEAR ENDED JUNE 30, 2019 https://dps.psx.com.pk/download/document/134608.pdf
06-Sep-19 Board Meeting https://dps.psx.com.pk/download/document/134278.pdf
19-Jun-19 CREDIT OF 15% Interim CASH DIVIDEND https://dps.psx.com.pk/download/document/131861.pdf
30-Apr-19 Corrigendum – Appointment of Chief Executive and Chairman of the Board https://dps.psx.com.pk/download/document/130089.pdf
29-Apr-19 Appointment of Chief Executive and Chairman of the Board https://dps.psx.com.pk/download/document/130022.pdf
29-Apr-19 Transmission of Quarterly Report for the Period ended 31-03-2019 https://dps.psx.com.pk/download/document/129825.pdf
26-Apr-19 FINANCIAL RESULTS FOR THE 3RD QUARTER ENDED MARCH 31, 2019 https://dps.psx.com.pk/download/document/129714.pdf
18-Apr-19 Board Meeting https://dps.psx.com.pk/download/document/128951.pdf
06-Mar-19 APPOINTMENT OF DIRECTOR https://dps.psx.com.pk/download/document/127351.pdf
26-Feb-19 Transmission of Quarterly Accounts https://dps.psx.com.pk/download/document/126565.pdf
20-Feb-19 FINNACIAL RESULTS FOR THE HALF YEAR ENDED DECEMBER 31, 2018 https://dps.psx.com.pk/download/document/126156.pdf
12-Feb-19 Board Meeting https://dps.psx.com.pk/download/document/125662.pdf
13-Nov-18 Credit of Final Cash Dividend https://dps.psx.com.pk/download/document/122568.pdf
26-Oct-18 Filling of Certified Copy of Resolutions Passed by the Shareholders in Compliance with the requirements of Regulation 5.6.4 (C) of the Rule Book https://dps.psx.com.pk/download/document/121182.pdf
25-Oct-18 Transmission of Quarterly Accounts https://dps.psx.com.pk/download/document/120995.pdf
22-Oct-18 FINANCIAL RESULTS FOR THE 1ST QUARTER ENDED SEPTEMBER 30, 2018 https://dps.psx.com.pk/download/document/120698.pdf
12-Oct-18 Board Meeting https://dps.psx.com.pk/download/document/120060.pdf
03-Oct-18 SUBMISSION OF ANNUAL AUDITED ACCOUNTS FOR THE YEAR ENDED JUNE 30, 2018 https://dps.psx.com.pk/download/document/119091.pdf
25-Sep-18 Notice of Annual General Meeting https://dps.psx.com.pk/download/document/118347.pdf
17-Sep-18 FINANCIAL RESULTS FOR THE YEAR ENDED JUNE 30, 2018 https://dps.psx.com.pk/download/document/117980.pdf
10-Sep-18 BOARD MEETING https://dps.psx.com.pk/download/document/117716.pdf

PROFILE OF EXISTING BOARD OF DIRECTORS

Mian Hasan Mansha

Mian Hassan Mansha has been serving on the Board of various listed companies for several years. He also serves on the Board of Lalpir Power Limited, Security General Insurance Company Limited, Nishat Mills Limited, Pakgen Power Limited, Nishat Hotels and Properties Limited, Nishat (Aziz Avenue) Hotels and Properties Limited, Nishat (Raiwind) Hotels and Properties Limited, Nishat (Gulberg) Hotels and Properties Limited, Nishat Hospitality (Private) Limited, Nishat Dairy (Private) Limited, Pakistan Aviators and Aviation (Private) Limited, Nishat Automobiles (Private) Limited, Nishat Real Estate Development Company (Private) Limited and Nishat Agriculture Farming (Private) Limited.

Mr. Ahmad Aqeel

A business professional and a qualified lawyer with over 15 years of diverse experience in Oil & Gas, Petroleum, Power and Financial Sectors, with a longstanding record of serving as a Director on the Boards of Public Listed Companies. Currently serving as an Elected Director on the Board of Sui Northern Gas Pipelines Limited (SNGPL), Chairman of Risk Management Committee & member of the key Committees of the Board of SNGPL. Serving as a Director on the Board of National Investment Trust Limited (NITL) & a member of Audit & HR Committees of National Investment Trust Limited. An elected independent Director serving on the Board of Nishat Power Limited (NPL), Chairman of Audit & HR Committees of Nishat Power Limited. A Director on the Board of Adamjee Life Assurance Company Ltd (AL), Chairman of Risk Management and Compliance Committee of Adamjee Life. Credited with setting up & successfully managing retail business in collaboration with Total Parco Pakistan Limited for more than fifteen years. As Managing Partner founded & setup the private business venture with Total Parco the second largest Oil Marketing Company (OMC) in Pakistan. A Certified Director from Pakistan Institute of Corporate Governance (PICG) and enrolled at the database of the SECP as a Certified Independent Director. Has been attending local and international workshops, skills training programs and seminars. A member of Lahore Chamber of Commerce & Industry and Lahore Gymkhana Club.

Mr. Yousaf Bashir

He has 25 years of professional experience and has worked as different capacities including Project Manager, Financial Analyst and head of investment banking. He has remained associated with Bank of America, ABN AMRO bank, The Royal Bank of Scotland, NIB Bank Limited and current working as Group Head Investment Banking at Allied.

Mr. Mahmood Akhtar

Mr. Mahmood Akhtar holds an MBA degree from Punjab University and a Certified Director from Pakistan Institute of Corporate Governance (PICG) and has over 36 years of managerial experience spread across various industries. He also serves on the Board of Pakgen Power Limited, Lalpir Power Limited, Security General Insurance Company Limited, Nishat Hospitality (Pvt) Limited, Nishat Spinning (Pvt) Limited

Mr. Ghazanfar Husain Mirza

Mr. Ghazanfar Hussain Mirza has a Bachelor degree in Mechanical Engineering from NED University of Engineering & Technology. Mr. Mirza has 35 years of experience   in   business   development   and   business   & corporate management   in   engineering,   technical   and multinational environment. He has served as Managing Director   of   Group   Companies   of   Wartsila   Corporation (Finland) in Pakistan and Saudi Arabia. He also serves on the Board of Nishat Mills Limited and holds the office of Chief Executive Officer of Pakgen Power Limited.

Mr. Shahzad Ahmad Malik

Mr. Shahzad Ahmad Malik has been associated with Nishat Group since 1998. Before joining the Group, he served as a Deputy Director in the Pakistan Audit and Accounts Service, Government of Pakistan. He has a degree in Civil Engineering and later on did his MBA from the Lahore University of Management Sciences and a Certified Director by completing Director’s Training Program from The University of Lahore. He is also a Director on the Board of D. G. Khan Cement Company Limited.

Election of Directors 2020

Compliance Certificate Under SRO 634 (1)/2014

© Copyright - NISHAT POWER I Last Updated 20th February 2020