Karachi: Unity Foods Limited has announced a significant shift in its management structure following a shareholders’ agreement with Wilmar Group. The agreement, dated December 21, 2025, has resulted in Wilmar Group assuming management control of Unity Foods Limited immediately. This development was disclosed by the company under Clause 5.6.1 of the Pakistan Stock Exchange (PSX) Regulations on March 5, 2026.

The company’s disclosure highlights ongoing legal proceedings concerning certain matters between shareholders related to the agreement. Unity Foods Limited has stated it is constrained from further commenting on issues that are currently under adjudication in the competent courts of law.

According to information available from the Pakistan Stock Exchange (PSX), the details of this management transition are significant for the stakeholders and TRE Certificate Holders of the Exchange. The PSX’s role in disseminating this information underscores the importance of transparency and regulatory compliance in corporate activities.

The impact of Wilmar Group’s assumption of management control and the ongoing legal proceedings remains uncertain, as Unity Foods Limited refrains from providing additional comments on the situation.