Wahdat Poultry adds 100,000 layer birds under IPO expansion
MG News | June 08, 2026 at 03:40 PM GMT+05:00
June 08, 2026
(MLN): Wahdat Poultry Farm Limited (PSX:WAHDAT) has commenced rearing of an
additional flock of 100,000 layer birds under its IPO-funded expansion plan,
with commercial egg production from the new flock expected to begin in November
2026.
The company said
the rearing process has formally begun and the flock is expected to attain
laying maturity in accordance with the planned production cycle, after which
eggs from the expanded capacity will enter commercial supply, according to company's filing on PSX.
The expansion is
being funded through proceeds raised from the company's Initial Public
Offering, marking a key milestone in the deployment of IPO capital toward the
operational targets outlined at the time of listing.
The disclosure
was made in compliance with Section 96 and 131 of the Securities Act, 2015 and
Clause 5.6.1 of the Pakistan Stock Exchange Rule Book, which requires listed
companies to immediately inform shareholders and the investing public of any
material developments.
The addition of 100,000-layer
birds represent a significant scale-up of the company's production base.
Once the flock
reaches laying maturity and commercial egg production commences in November,
the expanded capacity is expected to contribute meaningfully to the company's
output and revenue.
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