Wandat Poultry Farm Limited Secures PKR 500 Million Financing from Saudi Pak

Karachi: Wandat Poultry Farm Limited has announced the acquisition of a PKR 500 million short-term financing facility from Saudi Pak Industrial and Agricultural Investment Company Limited. This strategic financial maneuver is designed to bolster the company's working capital and enhance its financial agility, according to the company's latest report dated September 17, 2026.

In compliance with Section 96 of the Securities Act, 2015, and Clause 5.6.1 of the Pakistan Stock Exchange Rule Book, Wandat Poultry Farm Limited has disclosed this material information to the Pakistan Stock Exchange Limited, its shareholders, and the broader investing public. The nature of the facility is short-term and revolving, with each drawdown spanning 120 days. The primary objective is to address the working capital requirements of the company.

According to information available from the Pakistan Stock Exchange (PSX), the financing facility carries a markup of 3-Month MIN plus 1.5% per annum, with a three-year limit expiry. The security measures involve a 1st PP/IPP charge through hypothecation over the company's current and future assets, with a 25% margin. Principal repayment is structured as a bullet payment upon the maturity of each tranche, while markup payments are scheduled quarterly in arrears.

This financial arrangement is expected to provide Wandat Poultry Farm Limited with the necessary flexibility to support its ongoing business operations and facilitate growth. The company has committed to keeping the exchange, its shareholders, and the public updated on any future material developments related to this financing facility.

The announcement is part of the company's compliance with applicable laws and regulations designed to ensure transparency and informed decision-making by market participants.