IDSM to rename itself to Ideal Dynamics Limited

News Image

MG News | April 30, 2026 at 03:23 PM GMT+05:00

Join our Whatsapp channel
Add Mettisglobal as a Trusted Source on Google Google
0:00

April 30, 2026 (MLN): Ideal Spinning Mills Limited (PSX:IDSM) has received board-level approval for a proposed change of its corporate name to Ideal Dynamics Limited, subject to shareholder and regulatory clearances.

The Board of Directors, in its meeting held on April 30, 2026, approved the name-change proposal, which will now be placed before members at an Extraordinary General Meeting (EOGM) slated for May 25, 2026. Shareholders will be asked to pass a Special Resolution to ratify the change.

The company has cited a desire to simplify its name and better align it with its corporate brand identity as the rationale behind the rebranding exercise, according to the company’s filing on PSX.

Final approval of the name change remains contingent on consent from the Securities and Exchange Commission of Pakistan (SECP).

Copyright Mettis Link News

Related News

News
Triple crown for Arif Habib Limited
News
Key Pakistan Market Stats and Economic Indicators
News
Weekly Market Roundup
Name Price/Vol %Chg/NChg
KSE100 173,962.82
313.69M 		1.30%
2237.52
ALLSHR 104,178.62
550.40M 		0.93%
964.13
KSE30 52,166.33
164.58M 		1.26%
649.19
KMI30 250,496.48
141.11M 		1.59%
3930.77
KMIALLSHR 67,844.06
318.73M 		1.20%
801.29
BKTi 47,430.11
44.68M 		0.28%
130.40
OGTi 36,386.96
9.01M 		0.13%
45.59
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 74,260.00 74,260.00
73,715.00 		545.00
0.74%
BRENT CRUDE 91.89 92.95
89.93 		-0.81
-0.87%
RICHARDS BAY COAL MONTHLY 117.00 0.00
0.00 		-0.75
-0.64%
ROTTERDAM COAL MONTHLY 130.25 131.75
130.00 		-0.20
-0.15%
USD RBD PALM OLEIN 1,157.50 1,157.50
1,157.50 		0.00
0.00%
CRUDE OIL - WTI 87.76 89.02
86.35 		-1.14
-1.28%
SUGAR #11 WORLD 14.07 14.35
13.90 		0.14
1.01%
Chart of the Day
Latest News
May 31, 2026 at 10:59 AM GMT+05:00

Triple crown for Arif Habib Limited

May 31, 2026 at 10:10 AM GMT+05:00

Key Pakistan Market Stats and Economic Indicators

May 30, 2026 at 04:31 PM GMT+05:00

Weekly Market Roundup

May 29, 2026 at 09:44 PM GMT+05:00

SBP reserves rise $66m to $17.15bn

Top 5 things to watch in this week
SBP Interventions in Interbank FX Market
Weekly SCRA Balance
Weekly SPI
Foreign Exchange Reserves
Monthly Economic Update & Outlook May, 2026
Previous
Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg