Ref: ZAL/MI/2025/03 July 15, 2025
The General Manager
Pakistan Stock Exchange Limited Stock Exchange Building
Stock Exchange Road Karachi
Subject: Disclosure of Incorporation of Wholly Owned Subsidiary in the United Arab EmiratesDear Sir/Madam,
In compliance with Section 96 of the Securities Act, 2015 and Clause 5.6.1(a) of the Pakistan Stock Exchange Limited Regulations, we are pleased to inform you that pursuant to the approval of the Board of Directors Zarea Limited the Company has successfully incorporated a wholly owned subsidiary in the United Arab Emirates (UAE) under the name ZAREA COMMERCE FZCO.
The incorporation of this UAE-based entity marks a major milestone in Zarea's global expansion strategy. With the launch of our regional headquarters in Dubai, Zarea is now well-positioned to expand into international markets and strengthen its role technology-driven B2B trade.
This initiative is a cornerstone of our long-term growth strategy-expanding our global footprint, strengthening overseas operations, accelerating export-led growth, digitising trade, and unlocking new markets worldwide. Key details of the subsidiary are as follows:
The Board of Directors is confident that this strategic investment will accelerate the Company's long-term growth trajectory and generate sustained value for its shareholders.
We shall keep the Exchange and our shareholders informed of any further material developments in accordance with applicable laws and regulations.
Yours truly,
Syed Muhammad Akram Company Secretary
(Annexure "A")
ZAREALIMITED DISCLOSURE FORM
(Securities Act, 2015)
DATE: July 15, 2025
Name of the Company | Zarea Limited |
Date of Report (Date of earliest event reported if applicable) | NA |
Exact name of the Company as specified in its Memorandum | Zarea Limited |
Registered address of the Company | Delta 06 Office No. 6011, NASTP, Special Technology Zone Abid Majeed Road Lahore Cantt. (Pakistan) |
Contact Information | Mr. Syed Muhammad Akram Company Secretary Tel: 042-32176455 |
Disclosure of inside information by the Company in terms of Securities Act, 2015 | This disclosure is being made in accordance with Section 96 of the Securities Act, 2015.The incorporation of a wholly owned subsidiary in the United Arab Emirates represents a strategic initiative by the Company that may impact stakeholders' investment decisions. Accordingly, this information is being shared with the Pakistan Stock Exchange and disclosed publicly to ensure transparency and uphold a fair and orderly market. This disclosure is being made to keep investors informed of Zarea's strategic growth initiatives." |
Syed Muhammad Akram Company Secretary