Karachi: S.G. Power Limited has announced a significant transformation, changing its name to Crestwell Healthcare Limited, effective August 6, 2026. This move marks a strategic shift in the company's focus from power generation to healthcare.

The Securities and Exchange Commission of Pakistan (SECP) has granted approval for this name change, and a Certificate of Incorporation on Change of Company Name has been issued accordingly. The company has submitted the necessary documentation to the Pakistan Stock Exchange (PSX) to implement its new listed name.

According to information available from the Pakistan Stock Exchange (PSX), S.G. Power Limited is also seeking to change its sector classification. A formal application is under review with the PSX to reclassify the company from the Power Generation & Distribution sector to the Pharmaceutical sector. This transition is aligned with the company’s strategic plan to focus on healthcare.

Crestwell Healthcare Limited has assured its shareholders of ongoing communication regarding any further developments, adhering to all regulatory requirements. This rebranding and sector reclassification signal a pivotal change in the company's business direction.