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 168,018.87
212.27M
0.87%
1454.80
ALLSHR 101,001.36
515.85M
0.66%
661.96
KSE30 49,411.77
62.47M
0.83%
408.34
KMI30 240,580.99
77.70M
0.99%
2354.58
KMIALLSHR 65,309.16
294.37M
0.72%
464.00
BKTi 45,925.86
14.05M
0.45%
203.62
OGTi 33,858.81
2.02M
0.58%
194.60
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 77,060.00 77,430.00
76,450.00
220.00
0.29%
BRENT CRUDE 105.86 107.24
104.27
1.09
1.04%
RICHARDS BAY COAL MONTHLY 129.00 129.00
129.00
0.75
0.58%
ROTTERDAM COAL MONTHLY 142.50 0.00
0.00
0.35
0.25%
USD RBD PALM OLEIN 1,182.50 1,182.50
1,182.50
0.00
0.00%
CRUDE OIL - WTI 97.43 98.69
96.12
0.97
1.01%
SUGAR #11 WORLD 18.46 19.06
18.39
-0.60
-3.15%

Chart of the Day


Latest News
November 03, 2026 at 10:16 PM GMT+05:00

Petrol price cut by Rs5.45, diesel rises Rs3.68 per litre


November 03, 2026 at 08:33 PM GMT+05:00

SBP stresses climate finance must go beyond green investments


November 03, 2026 at 04:18 PM GMT+05:00

SECP cracks down on Ponzi, Pyramid investment schemes


November 03, 2026 at 04:15 PM GMT+05:00

Gold price in Pakistan remain unchanged



Top 5 things to watch in this week

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