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Wahdat Poultry board approves expansion plan

KARACHI: The Board of Directors of Wahdat Poultry Farm Limited has approved the company’s annual budget and business plan for the fiscal year 2026-27, along with proposals to establish an egg powder processing plant and expand grain storage capacity. According to a notification submitted to the Pakistan Stock Exchange (PSX) on Wednesday, the decisions were taken during the company’s board meeting held in Islamabad. The company also approved the addition of a powdered egg processing line, which will be co-located with its previously approved liquid pasteurised egg plant. Wahdat Poultry said the new facility will share the existing building, utilities and infrastructure, resulting in operational efficiencies. According to the company, the egg powder facility is expected to produce a higher-margin product with a longer shelf life. The incremental capital cost of the project is proposed to be financed through bank borrowing, subject to the board’s approval of the definitive financing terms. In a separate decision, the board approved the procurement and installation of storage silos that will increase the company’s grain storage capacity by approximately 14, 000 tonnes. The company said the silos will be capable of storing multiple types of grains and are expected to reduce operational costs and wastage while carrying relatively low ongoing maintenance costs. The board also reviewed the company’s future funding requirements in connection with the proposed egg powder plant, installation of storage silos, replacement of the existing flock and associated working capital needs. According to the disclosure, the board directed management to evaluate suitable financing options from financial institutions and submit definitive financing proposals for approval at a later stage. Copyright Business Recorder, 2026

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