Fauji Foods Limited informed Pakistan Stock Exchange that has approved the issue of 274886071 Ordinary Shares of the Company to Fauji Fertilizer Bin Qasim Limited without offering the same to the existing members of the Comp, as provided in Section 83(1)(b) of the Companies Act, 2017.

The announcement is available at:

https://dps.psx.com.pk/download/image/149148-1.gif

Fauji Foods Limited (Formerly Noon Pakistan Limited) was incorporated in Pakistan on 26 September, 1966 as a Public Limited Company and its shares are quoted on Pakistan Stock Exchange Limited. In the private sector, Fauji Foods Limited (Formerly Noon Pakistan Limited) is the first Company in Pakistan to operate a Spray Dryer for processing of milk powder.

The symbol "FFL" is being used by the stock exchanges for the Fauji Foods Limited.

© Pakistan Press International, source Asianet-Pakistan