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This document provides material information regarding Ideal Dynamics Limited.
Ideal Spinning Mills Limited responds to the Pakistan Stock Exchange regarding unusual trading activity, asserting compliance with regulations and confirming no undisclosed material information.
Ideal Spinning Mills Limited re-appointed Mr. Muhammad Saeed Sheikh as chairperson and Mr. Amjad Saeed as chief executive officer for a three-year term.
Ideal Spinning Mills Ltd. submitted a certified true copy of the resolutions passed at its Extraordinary General Meeting held on 25 May 2026. Shareholders confirmed the minutes of the last AGM and approved a special resolution to change the company name from Ideal Spinning Mills Limited to Ideal Dynamics Limited, subject to applicable regulatory approvals. The board also authorized the CEO and Company Secretary to complete the necessary filings and actions.
The company responded to PSX's query on unusual movement in price and volume of IDSM shares, stating that it is not aware of any undisclosed material information, corporate development, or activity that could explain the movement. Management says the trading appears market-driven and outside the company's control.
The company circulated a postal ballot paper for the Extraordinary General Meeting scheduled for 25 May 2026 at 11:00 A.M. The special resolution seeks shareholder approval to change the company’s name from Ideal Spinning Mills Limited to Ideal Dynamics Limited, along with related amendments to the Memorandum and Articles of Association and authorization to file required regulatory documents.
The company informed the Pakistan Stock Exchange that newspaper clippings of the notice under Section 159(4) of the Companies Act, 2017 have been enclosed. The notice relates to the election of directors at the forthcoming Extraordinary General Meeting (EGM) scheduled for May 25, 2026.
Ideal Spinning Mills Limited announced an Extraordinary General Meeting (EGM) to be held on May 25, 2026 at 11:00 a.m. in Karachi. The agenda includes election of directors and approval of the proposed company name change to Ideal Dynamics Limited.
Reference
Ideal Spinning Mills Ltd (IDSM) is tracked on Investify with Pakistan Stock Exchange market data, price history, day range, 52-week range, fundamentals, technical indicators, company announcements and related PSX index context.
FAQ
Ideal Spinning Mills Ltd (IDSM) last traded at PKR 54.00. The price is down -1.02 (1.85%) from the previous close of PKR 55.02.
Ideal Spinning Mills Ltd trades on the Pakistan Stock Exchange under the ticker IDSM. On Investify, you can find this stock by searching for IDSM.
The day range for IDSM is PKR 49.80 to PKR 55.02, based on the latest available market data on this page.
The 52-week range for IDSM is PKR 15.75 to PKR 87.70.
IDSM volume is 6,450 shares in the latest live quote shown by Investify.
IDSM is shown in these PSX index groups on Investify: KSEALL, KMIALL.
IDSM appears in Investify's index membership data for KMIALL, which are PSX Islamic or Shariah-focused index groups.
Use the Fundamentals page to view available earnings, valuation, payout, dividend and financial ratio data for IDSM.
Open IDSM fundamentalsUse the Technicals page for a 32-indicator view of IDSM: an overall buy/sell consensus, oscillators like RSI, MACD and Stochastic, SMA and EMA levels, Bollinger Bands, volatility and volume studies, pivot points and trading ranges.
Open IDSM technicalsUse the Announcements page to review available PSX filings, notices and company announcements for IDSM.
Open IDSM announcementsInvestify is a Pakistan Stock Exchange data, watchlist and portfolio tracking app. Use your brokerage account to place real orders, and use Investify to track IDSM, record portfolio transactions and follow market data.
Ideal Spinning Mills Ltd (IDSM) is a Textile Spinning company listed on the Pakistan Stock Exchange (PSX). This page tracks the live IDSM share price, day range and 52-week range, along with fundamentals, technical indicators, dividends, company announcements and the company profile for PSX investors.
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