Barkat Frisian Agro Limited has taken another step toward backward integration in the poultry supply chain by investing in a newly incorporated joint venture company to develop its second poultry farm.
The development was disclosed in a notice to the Pakistan Stock Exchange (PSX) on Wednesday.
26 Percent Stake Acquired in New JV Company
According to the filing, Barkat Frisian Agro has entered into a share purchase arrangement to invest Rs. 26,000 in Agrolayer Protein Farms (Private) Limited, acquiring a 26 percent equity stake.
Following the transaction, Agrolayer Protein Farms will be classified as an associated company of Barkat Frisian Agro.
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JV to Develop Second Poultry Farm
The company said Agrolayer Protein Farms will serve as the joint venture vehicle for the development of its second poultry farm, in line with the material disclosure issued on September 12, 2025.
The investment forms part of Barkat Frisian Agro’s broader strategy to strengthen its position across the poultry value chain and improve operational efficiencies through backward integration.
Further Investment Subject to Shareholder Approval
Barkat Frisian Agro clarified that any additional capital injection into the associated company will be carried out subject to shareholder approval and in full compliance with applicable legal and regulatory requirements.
The company did not disclose timelines for the completion or operational start of the second poultry farm.
