Karachi, Fauji Foods Limited informed Pakistan Stock Exchange that the Board of Directors of the Company held its meeting and recommended increase in the authorized share capital of the Company from Rs. 10,000,000,000 (Rupees Ten Billion) to Rs. 18,000,000,000 (Rupees Eighteen Billion), subject to approval of the shareholders of the Company, for which the Extraordinary General Meeting of the shareholders of the Company will be held on July 28, 2021.
Fauji Foods Limited (Formerly Noon Pakistan Limited) was incorporated in Pakistan on 26 September, 1966 as a Public Limited Company and its shares are quoted on Pakistan Stock Exchange Limited. In the private sector, Fauji Foods Limited (Formerly Noon Pakistan Limited) is the first Company in Pakistan to operate a Spray Dryer for processing of milk powder.
The symbol “FFL” is being used by the stock exchanges for the Fauji Foods Limited.