Zuma Resources shifts from Textile to Tech

MG News | January 08, 2026 at 02:11 PM GMT+05:00

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January 08, 2026 (MLN): Zuma Resources Limited (PSX: ZUMA) has changed its principal line of business from Textile to Technology Investing & Development as part of a strategic diversification initiative.

The transition positions the company to align with high-growth, innovation-driven sectors of the economy.

The revised business focus centers on developing and acquiring assets in companies engaged in technology-based goods and services, according to the company’s statement on PSX revealed today.

Technology investing is widely regarded as a growth-oriented segment, driven by rapid innovation and expanding digital adoption across industries.

Under the new framework, Zuma Resources will engage in IT investing, partnerships, and strategic collaborations across a diversified portfolio. Targeted areas include technology and AI-enabled services, electric vehicle (EV) technology, healthcare technology, e-commerce, and other related sectors.

The change in the principal line of business has received regulatory approval, and the company’s updated Memorandum and Articles of Association now show the revised strategic direction.

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