Itanz Technologies Limited (PSX: ITANZ), formerly known as Zahur Cotton Mills Limited (ZHCM), has completed its transformation from a textile company to a technology firm.
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This strategic shift is now being formally recognized by the Pakistan Stock Exchange (PSX). Effective Friday, February 6, 2026, the company’s official sector classification on the PSX will change from “Textile Composite” to “Technology & Communication”.
This reclassification follows the company’s fundamental change in its principal line of business, as confirmed by a notice issued by the stock exchange.
Important Notice for Shareholders:
The company has urged shareholders who still hold physical share certificates to convert them into electronic book-entry form through the Central Depository Company (CDC) or a registered PSX stockbroker. This conversion is essential, as trading of physical certificates is no longer permitted. Holding shares in electronic form enables instant trading, ensures secure ownership, and guarantees the immediate receipt of dividends, bonus shares, and other corporate entitlements.
This move underscores the successful pivot of the company, originally a traditional textile mill (Zahur Cotton Mills), into the technology sector, positioning it among other tech-focused enterprises on the exchange.
