Karachi: Mohammad Munir Mohammad Ahmed Khanani Securities Limited has acquired a significant stake in Quice Food Industries Limited, as reported in a disclosure dated January 6, 2026. The acquisition involves 14,570,400 shares, elevating Khanani Securities to the status of a substantial shareholder in the company.

The notification, communicated to Quice Food Industries Limited via a letter dated January 5, 2026, highlights that Mr. Mohammad Munir Khanani now holds a 14.80% shareholding in the company. This development was officially recognized on January 2, 2026, according to the notice of beneficial ownership submitted under Section 101(1) of the Securities Act, 2015.

The detailed disclosure indicates that the shares are valued at approximately 234.31 million Pakistani Rupees. According to information available from the Pakistan Stock Exchange (PSX), this acquisition represents a calculated and strategic move within the designated market category, further solidifying Khanani Securities' position within the industry.

This notification marks an important milestone for both Khanani Securities and Quice Food Industries Limited, reflecting a substantial change in ownership and strategic direction for the latter. Khanani Securities' involvement is expected to influence the company's market trajectory and shareholder dynamics in the coming months.