ICI Pakistan to change name to Lucky Core Industries

By MG News | Category Equity | August 02, 2022 at 10:35 AM GMT+05:00

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August 02, 2022 (MLN): The Board of Directors of ICI Pakistan approved the change of the name of the company from ICI Pakistan Limited to Lucky Core Industries Limited, the company’s filing on PSX said on Tuesday.

This decision has been taken primarily to align the company's name with its holding company, Lucky Cement Limited, which is a part of the Yunus Brothers Group (YBG). The proposed name draws on the strength of the Lucky brand, a leading, progressive, and diversified Pakistani conglomerate.

The proposed name embodies the company's central role in delivering enduring value for its stakeholders and improving lives across the socio-economic fabric of Pakistan.

The company's portfolio spans a broad range of products that are at the 'core' of almost every sector of the economy. From textiles and glass to healthcare, food and agriculture, the application of the company's products position it at the centre of its stakeholder's daily life.

The change of the name of the company will be subject to the receipt of requisite approvals.

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