S.G. Power gets SECP nod for name change to Crestwell Healthcare
MG News | August 06, 2026 at 12:14 PM GMT+05:00
August 06, 2026 (MLN): S.G. Power Limited
(PSX:SGPL) has secured approval from the Securities and Exchange Commission of
Pakistan (SECP) for its name change to Crestwell Healthcare Limited, with the
SECP issuing the Certificate of Incorporation on Change of Company Name
effective August 06, 2026.
Following the issuance of the certificate, the company
has moved to inform the Pakistan Stock Exchange (PSX) accordingly, submitting
the requisite application for implementation of its new listed name, Crestwell
Healthcare Limited, replacing S.G. Power Limited, in line with applicable
regulatory requirements.
The company also noted that, as previously disclosed to
the PSX, a separate application remains under review seeking a change in its
listed sector classification from Power Generation & Distribution to
Pharmaceutical, a move that forms part of its broader strategic shift toward a
healthcare-focused business.
The company said it would continue to keep its
shareholders and the market updated on any further material developments in
this regard, in accordance with applicable regulatory requirements.
The aforementioned information was disseminated through
a notification to Exchange.
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