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Zahur Cotton Mills receives court sanction for ITANZ acquisition

Summary by mettisglobal.news
April 04, 2025 (MLN): Zahur Cotton Mills Limited (PSX: ZHCM) has successfully received the sanction of the Lahore High Court for its Scheme of Arrangement with ITANZ Technology Pvt Limited (ITANZ) under sections 279 to 283 and 285 of the Companies Act, 2017. As per the Scheme, ZHCM’s name will be changed to “Itanz Technologies Limited” to better reflect its new business focus post-merger. Additionally, the company’s principal line of business wi…
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mettisglobal.newsmettisglobal.news

Zahur Cotton Mills receives court sanction for ITANZ acquisition

April 04, 2025 (MLN): Zahur Cotton Mills Limited (PSX: ZHCM) has successfully received the sanction of the Lahore High Court for its Scheme of Arrangement with ITANZ Technology Pvt Limited (ITANZ) under sections 279 to 283 and 285 of the Companies Act, 2017. As per the Scheme, ZHCM’s name will be changed to “Itanz Technologies Limited” to better reflect its new business focus post-merger. Additionally, the company’s principal line of business wi…

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International Cement Review broke the news in on Friday, April 4, 2025.
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