Karachi: Matco Foods Limited has announced the execution of a Business Transfer Agreement with its wholly owned subsidiary, Falak Foods (Private) Limited, concerning the transfer of its spice and masala packaging segment. The agreement, dated November 17, 2025, marks a significant corporate restructuring move aimed at streamlining operations under the brand of 'Falak Foods'. This development follows a prior disclosure made by Matco Foods on May 9, 2025.

This strategic decision was made in compliance with Section 96 and Section 131 of the Securities Act, 2015, and Clause 5.6.1(a) of the Rule Book of the Pakistan Stock Exchange Limited. The carve-out and transfer of the spice/masala packaging segment is intended to enhance operational efficiency within the company's brand portfolio.

According to information available from the Pakistan Stock Exchange (PSX), the move is part of Matco Foods Limited's broader strategy to optimize its business structure and focus on core competencies. Stakeholders and certificate holders of the Exchange have been informed of this material change.

Matco Foods Limited, a prominent entity in the designated market category, is known for its operations in various food segments. The transfer of the spice/masala packaging segment to Falak Foods (Private) Limited is expected to leverage specialized expertise and drive growth in this niche market.