Calcorp rebrands and enters the renewable energy business

For most investors on the Pakistan Stock Exchange (PSX), Calcorp Limited has long been the kind of name you scroll past: a small, thinly traded listed vehicle that has spent years doing what many such companies do – preserving capital, running a modest operating line, and occasionally hinting at a pivot that never quite arrives.

Last week, however, Calcorp’s board tried to make itself unmissable. In a set of special resolutions passed at an Extraordinary General Meeting (EGM) held on 22 January 2026, the company approved a name change and a sweeping rewrite of its principal business clause – one that explicitly opens the door to renewable-energy equipment, including importing, trading, assembling and manufacturing.

The rebrand is bold in its simplicity: Calcorp Limited will become ARM Green Industries Limited, subject to the usual approvals (including from the Registrar of Companies and the Securities and Exchange Commission of Pakistan). The “Green” in that new name is not decorative. Resolution No. 3 replaces the company’s principal line of business with language that, among other activities, includes “manufacturing, assembly, trading, import and export of renewable energy equipment and ancillary products”.