Unity Foods updates shareholders on pending litigation matters

News Image

MG News | August 13, 2026 at 04:31 PM GMT+05:00

August 13, 2026 (MLN): Unity Foods Limited (PSX:UNITY)  has informed shareholders and the general public that it has received updates on two litigation matters involving company shareholders, with a regulatory show-cause suit dismissed at the threshold and a separate suit stayed in favour of arbitration.

The Company has stated that by order dated August 4, 2026, a suit challenging a regulatory show-cause notice was dismissed at the threshold, with the connected interim injunction vacated.

Separately, by order dated July 31, 2026, another suit was stayed, with the court holding that the dispute is subject to mandatory arbitration under the governing Shareholders' Agreement.

Unity Foods said it will keep PSX and its shareholders informed of further material developments as they occur.

The information was disseminated through a notification to the Exchange.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 180,104.61
388.90M
-0.11%
-206.60
ALLSHR 108,838.05
888.10M
-0.14%
-150.10
KSE30 53,603.57
82.09M
-0.20%
-109.40
KMI30 252,988.26
112.53M
-0.14%
-356.16
KMIALLSHR 69,789.36
622.55M
0.02%
11.95
BKTi 51,939.19
21.86M
-0.35%
-181.79
OGTi 35,691.88
10.10M
0.01%
3.44
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 63,585.00 64,115.00
63,375.00
130.00
0.20%
BRENT CRUDE 87.32 89.07
86.82
-1.66
-1.87%
RICHARDS BAY COAL MONTHLY 110.25 110.50
110.25
-0.50
-0.45%
ROTTERDAM COAL MONTHLY 122.55 0.00
0.00
-0.05
-0.04%
USD RBD PALM OLEIN 1,175.00 1,175.00
1,175.00
0.00
0.00%
CRUDE OIL - WTI 81.53 83.30
81.08
-1.74
-2.09%
SUGAR #11 WORLD 16.63 16.63
16.27
0.21
1.28%

Chart of the Day


Latest News
August 13, 2026 at 04:59 PM GMT+05:00

SECP suspends proposed acquisition of Al Shaheer corporation


August 13, 2026 at 04:39 PM GMT+05:00

Supernet fixes August 19 launch for 85% right share trading


August 13, 2026 at 04:23 PM GMT+05:00

Foreign currency deposits rise by $118m in July 2026


August 13, 2026 at 04:16 PM GMT+05:00

PKR holds firm against USD



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg