Karachi: The name and symbol of Chakwal Spinning Mills Limited have officially been transformed into Quantum Data Technologies Limited, with a new security symbol “QTECH” assigned by the National Clearing Company of Pakistan Limited (NCCPL). This change, requested by the company, will take effect from Tuesday, December 30, 2025.
The rebranding marks a significant shift in the company’s identity and strategic direction, reflecting its venture into the data technology sector. The formal notice, dated December 24, 2025, has been communicated to all market participants, ensuring that stakeholders are informed of the change ahead.
According to information available from the Pakistan Stock Exchange (PSX), the transition is part of a broader strategy to align company operations with emerging market demands. This announcement comes as a significant development in the designated market category, highlighting a notable shift in the company’s focus.
Market participants are advised to update their records to reflect the new name and symbol for trading and other purposes. The change is indicative of the company’s commitment to evolving its business model to meet the growing needs of the technology sector.