SlideShare a Scribd company logo
Muhammad Shahzaib
Nouman Asif
Chaudary Farhan
Sheikh Ehtisham
Syed Raza Shah
POPULAR OIL & GHEE
MILLS PRIVATE LIMITED
As Pure As Mother Love
 Our company Incorporated in Dec, 2017
according to Company Ordinance 1984 act
2017
 Our Company is registered in FBR on 7 Feb,
2017
 Our Company formation started in June 2017.
 We Applied Foam 29 and Foam A to SECP 28
Dec 2016
 We requested SECP to allot memorandum
and article of association on 1 Jan, 2017
 Following is the detail of the shares allotted
to owners of the company
Sheikh Ehtisham (12,50,000)
Muhammad Shahzaib (12,50,000)
Ch Farhan (1,000,000)
Nouman Asif (1,000,000)
Syed Raza Shah (1,000,000)
 Our company is located in Rawat Industrial
Estate.
 The area occupied by our company is 18
Canals
It has various department as following:
 Human Resources (HR)
 Management
 Laboutary
 MIS
 As per Memorandum of Association we select
unique company name “POPULAR OIL &
GHEE MILLS PRIVATE LIMITED”
 Our registered office situated in Islamabad
 Objectives of our company is to Carry on
Business of refining, processing,
manufacturing, and sale of vegetable ghee
and coking oil from imported and local oil in
bulk or packing
 As per of Article of Association our Company
is private limited clause 28 of section 2 (1)
company ordinance 1984
 Following are the heads mention In our
Article of Association:
 Capital
 Transfer and transmission of share
 General meetings
 Vote of members
 Management
 Disqualification of Directors
 Notices
 Audit
 Share allotted
 Our monthly production is 3 thousand metric
tons
 Annually we produce around about 36
thousand metric tons
 14 Feb 2017 agreement was held between
Ehtisham javed and Popular oil and ghee mills
 7 lacs per months
 10 lacs advance
 10 years agreement
 10% rent increases annually
 Notice will be given before one month of
discharge of Contract
 It was held on 18 Dec 2018 between Ehtisham
javed and JS Bank
 According to schedule 1 of mortgage we have
given property document to JS Bank for
Borrowing 27,000,000
 According to schedule 2 our property
valuation amounted 35,000,000
 On the behalf of our mortgage JS bank has
given as following
 FATR (1.5 Million)
 LC sight Limit (400 Millions)
 RF (20 Million)
 As we purchase our raw material form
Indonesia and Malaysia following are the
contracts
 Virgos
 Intel continental
 Cargill
 We was working underTax exemption in 2017
and 2018 clause 159 (1)/148
 As of 2018-19 we did not gotTax Exemption
due to H&M Oil and Ghee mills because it was
located in Dargai which do not lie under
capital territory
 We have appealed In high court for the fair
decision against our company
 So far, we will compete the best company of
oils and ghee sector in very short time.
 Pakistani population has played a central role
in earning foreign exchange through export
of oil we are looking for betterment of our
company and Pakistan
Contract

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Contract

  • 1.
  • 2. Muhammad Shahzaib Nouman Asif Chaudary Farhan Sheikh Ehtisham Syed Raza Shah
  • 3. POPULAR OIL & GHEE MILLS PRIVATE LIMITED
  • 4.
  • 5. As Pure As Mother Love
  • 6.  Our company Incorporated in Dec, 2017 according to Company Ordinance 1984 act 2017  Our Company is registered in FBR on 7 Feb, 2017  Our Company formation started in June 2017.
  • 7.  We Applied Foam 29 and Foam A to SECP 28 Dec 2016  We requested SECP to allot memorandum and article of association on 1 Jan, 2017
  • 8.  Following is the detail of the shares allotted to owners of the company Sheikh Ehtisham (12,50,000) Muhammad Shahzaib (12,50,000) Ch Farhan (1,000,000) Nouman Asif (1,000,000) Syed Raza Shah (1,000,000)
  • 9.  Our company is located in Rawat Industrial Estate.  The area occupied by our company is 18 Canals
  • 10. It has various department as following:  Human Resources (HR)  Management  Laboutary  MIS
  • 11.
  • 12.  As per Memorandum of Association we select unique company name “POPULAR OIL & GHEE MILLS PRIVATE LIMITED”  Our registered office situated in Islamabad  Objectives of our company is to Carry on Business of refining, processing, manufacturing, and sale of vegetable ghee and coking oil from imported and local oil in bulk or packing
  • 13.
  • 14.  As per of Article of Association our Company is private limited clause 28 of section 2 (1) company ordinance 1984
  • 15.  Following are the heads mention In our Article of Association:  Capital  Transfer and transmission of share  General meetings  Vote of members  Management  Disqualification of Directors
  • 16.  Notices  Audit  Share allotted
  • 17.
  • 18.  Our monthly production is 3 thousand metric tons  Annually we produce around about 36 thousand metric tons
  • 19.  14 Feb 2017 agreement was held between Ehtisham javed and Popular oil and ghee mills  7 lacs per months  10 lacs advance  10 years agreement  10% rent increases annually  Notice will be given before one month of discharge of Contract
  • 20.  It was held on 18 Dec 2018 between Ehtisham javed and JS Bank  According to schedule 1 of mortgage we have given property document to JS Bank for Borrowing 27,000,000  According to schedule 2 our property valuation amounted 35,000,000
  • 21.  On the behalf of our mortgage JS bank has given as following  FATR (1.5 Million)  LC sight Limit (400 Millions)  RF (20 Million)
  • 22.  As we purchase our raw material form Indonesia and Malaysia following are the contracts  Virgos  Intel continental  Cargill
  • 23.  We was working underTax exemption in 2017 and 2018 clause 159 (1)/148  As of 2018-19 we did not gotTax Exemption due to H&M Oil and Ghee mills because it was located in Dargai which do not lie under capital territory  We have appealed In high court for the fair decision against our company
  • 24.  So far, we will compete the best company of oils and ghee sector in very short time.  Pakistani population has played a central role in earning foreign exchange through export of oil we are looking for betterment of our company and Pakistan