Barkat Frisian Agro invests in Agrolayer Protein Farms to develop second poultry farm

Barkat Frisian Agro Limited has announced an investment in Agrolayer Protein Farms (Private) Limited (APFL) as part of its ongoing efforts to strengthen its backward integration in Pakistan’s poultry supply chain.

In a notice to the Pakistan Stock Exchange (PSX) on Wednesday, the company said that it had entered into a share purchase arrangement, investing Rs 26,000 to acquire a 26% shareholding in Agrolayer Protein Farms. This makes APFL an associated company of Barkat Frisian Agro Limited. 

The investment will be used to develop a second poultry farm, continuing the company’s strategic focus on expanding its agricultural operations.

This initiative aligns with Barkat Frisian Agro Limited's previously announced objectives, and the company emphasised that no changes to the project’s scope or intent had occurred. Any further investments in APFL will be subject to shareholder approval and legal requirements.

Barkat Frisian Agro was incorporated on January 5, 2017, as a private limited company under the repealed Companies Ordinance, 1984 (now the Companies Act, 2017). The principal activity of the company is poultry egg processing.