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MFL · Matco Foods Limited

Matco Foods Receives Non-Binding Offer for Divestment of Subsidiary

Official PSX filing title: Material Information

Filed
15 October 2026 at 2:59 pm
Category
Material
Sentiment
Good
Impact
High

Executive summary

Matco Foods Limited announced that its board has authorized management to enter into discussions regarding a non-binding offer from IGI Investments (Private) Limited to acquire the company's 100% shareholding in its subsidiary, Matco Corn Products (Private) Limited. Arif Habib Limited has been appointed as the sell-side advisor for the proposed transaction.

Key takeaways

  • Received a non-binding offer from IGI Investments to acquire 100% of Matco Corn Products
  • Board authorized management to enter discussions and negotiations
  • Arif Habib Limited appointed as sell-side advisor
  • #material information
  • #subsidiary
  • #divestment
  • #offer

Please cross-check with the official PSX filing before making an investment decision.