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Unity Foods Subsidiary Sunridge Foods Invest in Unity Technologies

admin-augaf by admin-augaf
September 11, 2024
in Business, Finance
Reading Time: 1 min read
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Karachi September 11 2024: Sunridge Foods, a wholly owned subsidiary of Unity Foods, has made an investment in Unity Technologies Limited.

“Sunridge Foods (Private) Limited (Sunridge), a wholly owned subsidiary of the Company has informed that it has made an investment of Rs.500,000,000/- in Unity Technologies (Private) Limited (Unity Technologies) for subscription of 50,000,000 ordinary shares of Rs.10/- each making Unity Technologies as its subsidiary” states unity foods in its filing to the exchange.

“Furthermore, Unity Technologies has made an investment of Rs.100,000,000/- in Sunridge Mart (Private) Limited (Sunridge Mart) for subscription of 10,000,000 ordinary shares of Rs.10/- each making Sunridge Mart as its subsidiary” the notice added.

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