unity News
Wilmar says it never consented to Unity Foods board control, still seeks winding up
Wilmar Pakistan Holdings Pte. Limited has asked the Sindh High Court (SHC) to clarify its October 30, 2026 order on Unity Foods Limited (PSX: UNITY). Wilmar says it did not consent to the company's board vacancies being filled so as to give Wilmar and/or its group a majority. It has asked that no appointments be made before its pending application for a provisional manager is heard on November 18.
Go to articleSHC orders Unity Foods Board reconstitution
The Sindh High Court (SHC) has directed Unity Foods Limited to fill vacant positions on its board of directors in a manner that gives Wilmar Pakistan Holdings Pte. Limited and/or its group a majority, bringing a potential resolution to the management deadlock at the listed food company.
Go to articleSECP issues final notices in Unity Foods insider trading probe
The Securities and Exchange Commission of Pakistan (SECP) has issued final notices to four individuals, including Unity Foods CEO Muhammad Farukh, in an investigation into alleged insider trading and unusual transactions in Unity Foods shares.
Go to articleUnity Foods: FIR relates to individual conduct, not Company
Unity Foods Limited (PSX:UNITY) has clarified that the Company itself has not been named as an accused in the FIR registered against certain current and former officers and directors of the Company and its wholly-owned subsidiary, stating that the allegations remain unproven and relate to the individual conduct of the named officers rather than any wrongdoing by the Company.
Go to articleFIA names Unity Foods' Ex-CEO in Rs44.7bn fraud case
The Federal Investigation Agency has registered a criminal case against the former leadership of Unity Foods Limited (PSX: UNITY), accusing them of a multi-year scheme that allegedly siphoned billions of rupees out of the KSE-100-listed edible-oil major and left a Rs 44.7 billion gap between its published accounts and its own internal records.
Go to articleUnity Foods updates shareholders on pending litigation matters
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.
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| KMI30 | 255,042.46 89.67M | 0.46% 1169.47 |
| KMIALLSHR | 69,162.85 342.71M | 0.85% 584.42 |
| BKTi | 48,733.27 19.48M | -0.22% -108.13 |
| OGTi | 36,043.06 20.06M | 2.70% 947.37 |
| Symbol | Bid/Ask | High/Low |
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| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 68,250.00 | 68,300.00 68,250.00 | -665.00 -0.97% |
| BRENT CRUDE | 96.34 | 97.13 95.06 | 0.52 0.54% |
| RICHARDS BAY COAL MONTHLY | 127.15 | 0.00 0.00 | -1.45 -1.13% |
| ROTTERDAM COAL MONTHLY | 138.00 | 138.00 137.90 | 0.60 0.44% |
| USD RBD PALM OLEIN | 1,182.50 | 1,182.50 1,182.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 88.92 | 89.64 87.80 | 0.18 0.20% |
| SUGAR #11 WORLD | 18.40 | 18.54 18.16 | 0.18 0.99% |
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