Monday, November 17 2025

Pakistan’s rice exporter Matco Foods transfers spice, masala segment to Falak Foods subsidiary
In a strategic move, Matco Foods Limited, one of Pakistan’s leading rice exporters, has formally transferred its spice and masala packaging segment to its wholly owned subsidiary, Falak Foods (Private) Limited. The listed company informed its stakeholders in a notice to the Pakistan Stock Exchange (PSX) on Monday. “We are pleased to inform you that further to our earlier disclosure dated May 9, 2025 we have executed a Business Transfer Agreement dated November 17, 2025 with our wholly owned subsidiary Falak Foods (Private) Limited, pursuant to which the spice/masala packaging segment of Matco Foods Limited under the brand of ‘Falak Foods’ has been carved out and transferred to Falak Foods (Private) Limited,” read the notice.
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