PAKISTAN
National Foods Limited (NFL) has announced that its wholly owned subsidiary, National Foods Dubai Multi Commodities Centre (NFDMCC), has executed a Share Purchase and other ancillary agreements with Chemical Chase Morgan Partners and Arfa Holdings Incorporated on October 10, 2025.
According to a statement issued to the Pakistan Stock Exchange under Sections 96 and 131 of the Securities Act, 2015 and Clause 5.6.1(a) of the PSX Rule Book, the transaction involves the divestment of 50.5% out of NFL’s 60% shareholding in A1 Bags and Supplies Incorporated, held through National Epicure Incorporated, Canada.
The divestment follows earlier disclosures made by the company on August 19, 2025, and September 16, 2025.
National Foods said the move is part of its strategic business realignment and portfolio optimization process. – ER News Desk
