Islamabad, Mar 6 2025: Barkat Frisian Agro Limited (BFAGRO) is set to make its official entry into the Pakistan Stock Exchange (PSX) on March 7, marking a significant step in the company’s financial journey.
The company’s shares will be available for trading on PSX’s main board under the T+2 settlement system, ensuring that transactions will be finalized within two working days.
The first settlement of Barkat Frisian Agro Limited’s shares is scheduled for March 11. Investors will be able to trade in a market lot of one share, each valued at Rs. 1.
The Central Depository Company (CDC) has already granted BFAGRO eligibility as a listed security, ensuring that all share transactions will be managed through the National Clearing Company of Pakistan Limited (NCCPL).
As per PSX’s official notification, the company will trade under the ticker symbol “BFAGRO”. The initial share price has been finalized at Rs. 18.2 per share, determined through the book-building process. CDC Share Registrar Services Limited will oversee the share registration process for the company.
Listed under the “Food & Personal Care Products” category in PSX’s daily quotations, BFAGRO has also been declared Shariah-compliant following a comprehensive review of its financial performance and business structure.
The company meets the screening criteria of the KMI All Share Index, allowing it to be included in the PSX-KMI All Share Islamic Index (KMIALLSHR) upon its official listing.
With this development, BFAGRO strengthens its market presence and opens new avenues for investors seeking opportunities in the food and personal care sector.
Barkat Frisian Agro Limited (BFAGRO) is set to debut on the Pakistan Stock Exchange (PSX) tomorrow, marking a significant milestone.
The agricultural firm’s listing is expected to attract investors eyeing growth in Pakistan’s agribusiness sector. This move could enhance market confidence and boost investments in sustainable farming and dairy production nationwide.
