PAKISTAN
Matco Foods Limited has announced the execution of a Business Transfer Agreement with its wholly owned subsidiary, Falak Foods (Private) Limited. The development has been disclosed in compliance with Section 96 and Section 131 of the Securities Act, 2015, and Clause 5.6.1(a) of the Rule Book of the Pakistan Stock Exchange (PSX).
According to the company filing, the agreement—dated November 17, 2025—finalizes the transfer of Matco Foods’ spice and masala packaging segment, marketed under the ‘Falak Foods’ brand, to Falak Foods (Private) Limited. The move follows the company’s earlier disclosure made on May 9, 2025.
The restructuring aims to streamline operations and consolidate the spice/masala business under the dedicated subsidiary. – ER News Desk
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