National Foods approves 1:5 share subdivision

Mettis Global reported that the board of National Foods Limited (NATF) has approved a subdivision of its share capital. Under the plan, every current Rs5 ordinary share becomes five Rs1 shares, and the paid-up capital stays the same. Shareholders will hold five new shares for every one share they currently own once the change takes effect.

Once completed, the capital currently made up of 233,115,425 shares of Rs5 each becomes 1,165,577,125 shares of Rs1 each. No effective date has been fixed yet, and the move needs approvals under the Companies Act, 2017. The board also approved matching changes to the Memorandum and Articles of Association.

Shareholders will vote on these items at the 55th AGM, which takes place on Monday, October 26, 2026, at 10:00 AM at Beach Luxury Hotel in Karachi. The details were relayed to the stock exchange in a notification.