Synthetic Products Enterprises : Notice of Annual General Meeting

NOTICE OF ANNUAL GENERAL MEETING

Notice is hereby given that the Fourteeth Annual General Meeting of the shareholders of Synthetic Products Enterprises Limited (the "Company") will be held on Friday 21 October 2022 at 3:00 PM at Jinnah Auditorium of Lahore Chamber of Commerce & Industries, Shahrah Aiwan-e-Tijarat, Lahore to transact the following business:

Ordinary Business:

1. To receive, consider and adopt the Audited Financial Statements of the Company for the year ended 30 June 2022 together with Directors' and Auditors' Report thereon;
2. To appoint auditors of the Company for the financial year 2022-23 and fix their remuneration. The Board has recommended, as suggested by the Board Audit Committee, the appointment of M/s KPMG Taseer Hadi and Co., Chartered Accountants. They are the retiring auditors, and being eligible, have offered themselves for re-appointment; and
3. To transact, with the permission of the Chairman, any other business which may be transacted at an Annual General Meeting.

By Order of the Board

28 September 2022	Muhammad Kamran Farooq
Lahore	Company Secretary

Notes:

1. The share transfer books of the Company will remain closed from 15 October 2022 to 21 October 2022 (both days inclusive). Transfers received in order at the Shares Department of M/s THK Associates (Pvt.) Limited, Plot no. 32-C Jami Commercial Street 2, D.H.A. Phase VII, Karachi, Pakistan at the close of business on 14 October 2022 will be treated. Only those persons whose names appear in the Register of Members of the Company as on 14 October 2022 are entitled to attend, participate in and vote at the Annual General Meeting.
2. A member entitled to attend and vote at the meeting is entitled to appoint any other person as his/her proxy to attend and vote. A member shall not be entitled to appoint more than one proxy to attend this meeting. Proxies, in order to be effective, must be received at the Registered Office of the Company, 127-SQuaid-e-Azam Industrial Estate Township Kot Lakhpat, Lahore duly stamped and signed not less than 48 hours before the time of the meeting. A proxy need not be a member of the Company. The proxy shall produce his/her original CNIC or passport at the time of the meeting.
3. CDC account holders will have to follow the guidelines as laid down in Circular 1 dated 26 January 2000 for attending meetings and appointing proxies. The individual members entitled to attend this meeting must bring his/her original CNIC or passport to prove his/her identity and in case of proxy must enclose an attested copy of his/her CNIC/passport. Representatives of corporate members should bring the Board Resolution / Power of Attorney.
4. Pursuant to SECP's Circular No 10 dated 21 May 2014 read with section 132(2) & 134(1)(b) of the Companies Act 2017, if the Company receives consent from members holding in aggregate 10% or more shareholding residing at a geographical location, to participate in the meeting through video conference at least 7 days prior to the date of the meeting, the Company will arrange video conference facility in that city subject to availability of such facility in that city. In this regard please fill the following and submit it to the registered address of the Company at least 10 days before the date of AGM.
   I/We ______________ of ______________, being member(s) of Synthetic Products Enterprises Limited holder
   ______________ Ordinary share(s) as per Register Folio No. ______________ hereby opt for video conference facility at ______________.

Synthetic Produts Enterprises Limited

Deposit of Physical Shares in to Book Entry Form (CDC-Account)

As per Section 72 of the Companies Act, 2017 every existing listed company shall be required to replace its physical shares with book-entryform in a manner as may be specified and from the date notified by the Commission, within a period not exceeding four years from the commencement of this Act, i.e., May 30, 2017. The Shareholders having physical shareholding are encouraged to open CDC sub - account with any of the brokers or Investor Account directly with CDC to place their physical shares into scrip less form.

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6. Pursuant to SECP Companies Postal Ballot Regulations, 2016, Members can exercise their voting right to vote through e-votingor postal ballots by giving their consent in writing at least 10 days before the date of the meeting.

7. Members are requested to promptly notify any change of address to the Company's Share Registrar.

8 Availability of Audited Financial Statements on Company's Website:

The audited financial statements of the Company for the year ended June 30, 2022 have been made available on the Company's website www.spelgroup.com in addition to annual and quarterly financial statements for the prior years.

5. Pursuant to SECP's Circular No 5 and 25 of 2020 shareholders can attend the meeting through video link facility.

The shareholders who wish to attend the Annual General Meeting through video link are requested to get themselves registered by sending their particulars at the designated email address [e-mail], giving particulars as per below table on or before October 19, 2022.

Name of	CNIC No./ NTN	CDC Participant	Cell No	Email address	Signature
Shareholder	No.	ID/Folio No.

The webinar link would be emailed to the registered shareholders/proxies who have provided all the requested information.