Unity Foods Limited informed Pakistan Stock Exchange that the Board of Directors in their meeting held on June 18, 2020 at Karachi have decided of issue 83 Right Shares for every 100 shares held 82.71% at par/at a discount / premium of Rs. 10 per share.

The announcement is available at:

https://dps.psx.com.pk/download/image/149044-1.gif

Unity Foods Limited does not have significant operations. Previously, it was engaged in the manufacture and sale of yarn. The company was formerly known as Taha Spinning Mills Limited and changed its name to Unity Foods Limited in September 2017. Unity Foods Limited was incorporated in 1991 and is headquartered in Karachi, Pakistan.

© Pakistan Press International, source Asianet-Pakistan