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

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

Add Mettisglobal as a Trusted Source on Google

0:00

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.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	179,927.05 365.01M	-1.27% -2314.73
ALLSHR	109,270.69 838.76M	-1.19% -1312.98
KSE30	53,705.71 89.34M	-1.33% -726.00
KMI30	253,531.92 109.38M	-1.32% -3382.29
KMIALLSHR	70,152.63 543.97M	-1.25% -888.68
BKTi	50,997.50 18.73M	-1.38% -715.26
OGTi	36,216.08 8.18M	-1.21% -443.50

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	63,180.00	64,680.00 62,605.00	-905.00 -1.41%
BRENT CRUDE	78.34	79.80 77.28	2.33 3.07%
RICHARDS BAY COAL MONTHLY	105.75	0.00 0.00	-1.15 -1.08%
ROTTERDAM COAL MONTHLY	118.00	0.00 0.00	0.65 0.55%
USD RBD PALM OLEIN	1,135.00	1,135.00 1,135.00	0.00 0.00%
CRUDE OIL - WTI	73.70	75.08 72.61	2.29 3.21%
SUGAR #11 WORLD	14.70	14.98 14.65	-0.18 -1.21%