Retirement of Chief Executive of Engro Foods Limited

Karachi, Engro Foods Limited informed Pakistan Stock Exchange that retirement of Mr. Khalid Siraj Subhani as the Chief Executive of the Company he has also stepped down from the Board of the Company with effect from November 30, 2016. Engro Foods Limited is a public limited company incorporated in Pakistan. The foundations of the company are formed under the Companies Ordinance, 1984. The business of the company is associated with manufacturing, processing and selling dairy products, juices, ice cream and frozen desserts. Besides this the company also owns and operates a dairy farm. The company operates internationally and is tagged as a halal food producer. The shares of the company are quoted on the Karachi and Lahore stock exchanges of Pakistan. The registered office of the company is located in Karachi. The company is a subsidiary of Engro Corporation Limited. The company owns processing units located in Sukkur and Sahiwal. Most renowned brands to name a few of the company are Olper’s, Olwell, Tarang, Omore and Owsum. The symbol “EFOOD” is being used by the stock exchange for the shares of Engro Food Limited.