Zuma Resources expands into IT, tech ventures

March 10, 2026 (MLN): Zuma Resources Limited (PSX: ZUMA) has formally commenced its operational and commercial activities in accordance with the objectives set out in the newly adopted Memorandum of Association.

This development marks a significant milestone in the Company’s strategic direction and shows management’s commitment to expanding the Company’s business scope, enhancing revenue streams, and creating long-term value for shareholders.

The commencement of operations positions the Company to capitalize on emerging opportunities within its approved business domains and supports the Company’s broader growth and diversification strategy.

Zuma Resources Limited recently changed its name from Bilal Fibers Limited and altered its principal line of business from the manufacture and sale of yarn to IT investing, partnering, and strategically collaborating with a diversified portfolio of companies in Technology, AI-enabled services, Electric Vehicle (EV) Tech, healthcare Tech, E-Commerce, and other sectors.

In compliance with regulatory requirements, the Auditor’s Certificate confirming the commencement of operational and commercial activities is enclosed ,the company's filing on PSX revealed today.

Based on the review of invoices, bank statements, certificate of incorporation, amended Memorandum of Association, and the revival business plan approved by the Board of Directors, the Company has resumed its commercial activities under its newly adopted principal line of business.

The Company remains committed to maintaining the highest standards of transparency, governance, and sustainable growth, and looks forward to delivering enhanced value to its investors and stakeholders.

Copyright Mettis Link News