Matco Foods shifts Gujranwala assets to Falak Foods

April 21, 2026 (MLN): Matco Foods Limited (PSX: MFL) has approved a restructuring transaction involving the transfer of its operational assets in Gujranwala to its wholly-owned subsidiary, Falak Foods Ltd., as part of a broader internal consolidation strategy.

According to a regulatory filing with the Pakistan Stock Exchange, the company’s board approved the plan through circulation on April 20, 2026, authorizing both participation in a rights issue of Falak Foods and the sale of a 3.47-acre industrial property along with associated plant, machinery, and equipment.

The transaction will be executed against cash consideration, to be funded by Falak Foods through its upcoming rights issue. Matco Foods said it will continue to maintain full ownership of the subsidiary after the restructuring.

The asset transfer includes land and an operational business unit located in Tehsil Kamoki, District Gujranwala, marking a consolidation of production and operational control within the group structure.

The company noted that the latest decision builds on earlier disclosures made in January 2026.

Matco Foods did not disclose the financial value of the transaction or the expected timeline for completion.

The development reflects a growing trend among listed food and agribusiness companies in Pakistan to streamline operations through subsidiary-based structuring and capital reallocation strategies.

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