Pakistan Company News – Credit of Right Shares in CDS of Unilever Pakistan Foods Limited

Credit of Right Shares in CDS of Unilever Pakistan Foods Limited

Karachi, Unilever Pakistan Foods Limitedinformed Pakistan Stock Exchange that the shares in respect of right issue have been credited into the respective account of the shareholders maintained with the Central Depository Company of Pakistan Limited.

Unilever Pakistan Foods Limited is a limited liability company incorporated in Pakistan. The foundations of the company are formed under the Companies Ordinance, 1984. It manufactures and sells consumer and commercial food products under brand names of Rafhan, Knorr, Energile, Glaxose-D and Foodsolutions. The company is listed on the Karachi and Lahore Stock Exchanges of Pakistan. The registered office of the company is located at Karachi.

The company is a subsidiary of Conopco Inc. USA, whereas its ultimate parent company is Unilever N.V. Holland. Unilever represents in 150 countries globally with over 200,000 employees. In Pakistan, Unilever made its debut in 1948, and today it is one of the most prominent multinationals in the country operating though two affiliated companies viz. Unilever Pakistan and Unilever Pakistan Foods. The two public listed limited companies have 5 wholly owned and 7 third party manufacturing sites across Pakistan and employees around 1,500 people on their payroll and many thousands indirectly.

The symbol “UPFL” is being used by the stock exchanges for the shares of Unilever Pakistan Foods Limited.