KARACHI: National Foods Limited has announced the establishment of a new wholly owned subsidiary in Sharjah, United Arab Emirates, as part of its strategy to strengthen its international business operations and expand its presence in global markets.
In a material information notice submitted to the Pakistan Stock Exchange (PSX), the company disclosed that its Dubai-based wholly owned subsidiary, National Foods FZCO, has incorporated another subsidiary named National Foods Gulf (FZE) in Sharjah, U.A.E.
The company stated that the move aligns with its long-term international growth strategy and is aimed at enhancing its operational capabilities across the Gulf region. The newly established entity is expected to support National Foods’ expanding business interests in the Middle East, one of the company’s key export markets.
National Foods informed the exchange that the disclosure has been made in accordance with Section 96 of the Securities Act, 2015, and Clause 5.6.1(a) of the PSX Regulations. The company also submitted the required disclosure form under S.R.O. 143(1)/2012 along with its notification.
The establishment of National Foods Gulf (FZE) reflects the company’s commitment to expanding its international footprint and strengthening its regional distribution network. The new subsidiary is expected to play an important role in supporting business development, improving supply chain efficiency, and serving customers more effectively across the GCC region.
National Foods has continued to focus on overseas expansion in recent years, leveraging its well-established brand portfolio to capture growing demand for South Asian food products in international markets. The latest development underscores the company’s ambition to accelerate its global growth strategy while reinforcing its presence in strategically important markets.
