Karachi: ITANZ Technologies Limited, formerly known as Zahur Cotton Mills Limited, has officially announced the change of its company name and trading symbol. The transition follows the sanctioning of a Scheme of Arrangement by the Honorable Lahore High Court, Lahore, on March 17, 2025, effectively merging Zahur Cotton Mills Limited and Itanz Technology (Private) Limited. The Securities and Exchange Commission of Pakistan (SECP) issued a Certificate of Incorporation for this change on June 4, 2025.

The company has notified relevant stakeholders that the updated name, ITANZ Technologies Limited, and the new trading symbol, iTANZ, should be reflected in the Pakistan Stock Exchange (PSX) records and portal. The move is aimed at aligning the company's identity with its primary business focus, indicating a strategic shift from its historical roots in cotton manufacturing.

According to information available from the Pakistan Stock Exchange (PSX), the name and symbol change is intended to facilitate compliance and ensure that members of the exchange are informed of the latest updates. The announcement underscores the company's commitment to maintaining transparency and regulatory compliance as it advances in the technology sector.

The formal notification of these changes has been disseminated to the Members of the Exchange, ensuring necessary compliance and record updates are executed. This step is expected to enhance the company’s visibility and accessibility in the designated market category, reflecting its new business trajectory.