Karachi: The Board of Directors of Ismail Industries Limited has resolved to establish a wholly owned subsidiary in Spain, marking a major development in its efforts to increase its global presence. This move, disclosed on September 11, 2025, aligns with the company’s long-term strategy to penetrate international markets, particularly the European Union (EU), one of the world’s largest consumer markets. The establishment of this subsidiary is contingent upon receiving the necessary regulatory approvals.

According to information available from the Pakistan Stock Exchange (PSX), the decision to create a new subsidiary in Spain is a strategic initiative aimed at leveraging the vast opportunities presented by the EU. This region is recognized for its substantial consumer base, offering Ismail Industries Limited a strategic gateway to expand its influence and market share outside of its traditional territories.

In accordance with the provisions of the Securities Act, 2015, and the rules issued by the Pakistan Stock Exchange Limited, Ismail Industries Limited provided this information as part of its commitment to transparency and regulatory compliance. The announcement reflects the company’s ambition to position its leading brands more prominently on the international stage.

The disclosure of this material information was made as per Section 96 and 131 of the Securities Act, 2015, and other relevant legislative requirements. The notice included the company’s registered office address at 17, Bangalore Town, Main Shahra-e-Faisal, Karachi, and detailed the strategic importance of the new subsidiary in the company’s expansion efforts.