OUR STAFF REPORTER LAHORE - Lahore Stock Exchange approved the formal listing of shares of Engro Foods Limited; formal trading in the shares of the Engro Foods will commence from August 10, 2011. Engro Foods symbol shall be 'EFOODS. The Company will be quoted under 'Food & Personal Care Products Sector of the Ready Board Quotation of the Exchange. With listing of Engro Foods, the total number of listed companies will increase to 497 at LSE. Mr. Aftab Ahmed Ch, MD/CEO, LSE expressed hope that the trend of listings will continue during the remaining year as well and that the coming year will see a lot more flourishing IPO market and listings at the Exchange. He also opined that the incentives introduced in the Federal Budget will prove lucrative enough for companies to prefer equity financing in the coming years. Engro Foods representatives said that EFOODS started operations in 2006 and has become a major player in the Food Industry of Pakistan in a span of 5 years. Olpers milk, Olpers Cream, Omore, Tarang, Owsum, Olfrute, Tarrka are few of the well-known brands of EFL.