Lahore: ITANZ Technologies Limited, formerly known as Zahur Cotton Mills Limited, has announced the completion of its transition from a textile enterprise to a technology company. This follows the approval of a Merger Petition Order by the Lahore High Court on March 17, 2025. The company has successfully updated its name and symbol with key regulatory bodies, including the Securities and Exchange Commission of Pakistan, the Pakistan Stock Exchange, and the Central Depository Company.

The firm has also obtained the CDC Eligibility Certificate, facilitating the conversion of shareholder shares into electronic form. This development is part of the company’s efforts to address the observations raised by the Pakistan Stock Exchange. According to information available from the Pakistan Stock Exchange (PSX), ITANZ Technologies is working towards its reinstatement to the normal trading counter by meeting critical requirements such as defining its principal line of business and commencing commercial operations.

ITANZ Technologies is actively disseminating this information to its members and stakeholders to maintain transparency. The company's transition marks a significant shift in its operational focus, aligning with its new identity in the technology sector. The designated market category for ITANZ Technologies now reflects its operations in the technology industry.