BFAGRO takes 26% stake in APFL to develop second poultry farm

MG News | January 21, 2026 at 01:13 PM GMT+05:00

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January 21, 2026 (MLN): Barkat Frisian Agro Limited (PSX:BFAGRO) has entered into a share purchase arrangement to invest Rs26,000 in newly incorporated Agrolayer Protein Farms (Private) Limited (APFL), acquiring a 26% shareholding in the company.

The investment makes APFL an associated company of Barkat Frisian Agro Limited and will serve as a joint venture vehicle for developing the company's second poultry farm.

The move is part of the Company's ongoing backward integration strategy in the poultry supply chain, as previously disclosed to the Pakistan Stock Exchange (PSX) on September 12, 2025.

According to the company’s statement on PSX, any further investment in APFL will be subject to shareholder approval and compliance with applicable legal and regulatory requirements.

The Company emphasized that these actions align with its previously stated strategic objectives and do not constitute any change in the scope or intent of the project already disclosed to stakeholders.

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