Unity Foods Ltd approved acquisition of 31% shares of Sunridge Food (Pvt) Ltd


Unity Foods Limited approved in principle acquisition of 16,467,818 (31%) shares of Sunridge Food (Pvt) Ltd at Rs. 28 per share. It may be noted that the company also holds 69% shares of of Sunridge Food (Pvt) Ltd. This acquisition is subject to approval of shareholders for which General Meeting will be convened in due course.