diff --git a/lib/Path/Tiny.pm b/lib/Path/Tiny.pm
index b721f78..52ee15d 100644
--- a/lib/Path/Tiny.pm
+++ b/lib/Path/Tiny.pm
@@ -2415,6 +2415,46 @@ sub volume {
     return $self->[VOL];
 }
 
+=method change_extension
+
+    my $foo = path('C:/mydir/myfile.com.extension');
+    my $renamed_foo = $foo->change_extension('.old');
+
+Changes the extension of a path.
+
+Returns a new Path::Tiny object with a different extension. The argument is a
+string representing the new extension or undef to remove an extension.
+
+If path has no extension, and extension is not C<undef>, the returned path string contains extension appended to the end of path.
+If the last part of a path has a leading period (e.g. C<~/.bashrc>), it is not considered an extension.
+
+Current API available since 0.148.
+
+=cut
+
+sub change_extension {
+    my $self = shift;
+    my $new_extension = shift; # may be undef
+    
+    my $path_str = $self->stringify;
+    $path_str =~ s/\.[^.\/]+$//;  # Remove existing extension
+    
+    # If extension is undef, the returned string contains the specified path with its extension removed.
+    return path($path_str) unless defined $new_extension;
+    
+    if( $new_extension !~ m/^\./ ) {
+        # add leading period if there is no period
+        $new_extension = '.' . $new_extension;
+    }
+    
+    # Add extension and construct the new path
+    my $new_path = _path($path_str . $new_extension);
+    
+    return $new_path;
+}
+
+
+
 package Path::Tiny::Error;
 
 our @CARP_NOT = qw/Path::Tiny/;
diff --git a/t/change_extension.t b/t/change_extension.t
new file mode 100644
index 0000000..6b95a9c
--- /dev/null
+++ b/t/change_extension.t
@@ -0,0 +1,67 @@
+use 5.008001;
+use strict;
+use warnings;
+use Test::More 0.96;
+
+use lib 't/lib';
+
+use Path::Tiny;
+
+my @cases = (
+    # path1 => path2 => path1->subsumes(path2)
+
+    "rename path with extension" => [
+        [ '.',                            '.ext',     '.ext'                        ],
+        [ '/',                            '.ext',     '/.ext'                       ],
+        [ '..',                           '.ext',     '..ext'                       ],
+        [ '../..',                        '.ext',     '../..ext'                    ],
+        [ '/foo/',                        '.ext',     '/foo.ext'                    ], # differs from C#: /foo/.ext
+        [ '/foo',                         '.ext',     '/foo.ext'                    ],
+        [ 'foo/',                         '.ext',     'foo.ext'                     ], # differs from C#: foo/.ext
+        [ './foo',                        '.ext',     'foo.ext'                     ], # differs from C#: ./foo.ext
+        [ 'foo/.',                        '.ext',     'foo.ext'                     ], # differs from C#: foo/.ext
+        [ 'C:/temp/myfile.com.extension', '.old',     'C:/temp/myfile.com.old'      ],
+        [ 'C:/temp/myfile.com.extension', 'old',      'C:/temp/myfile.com.old'      ],
+        [ 'C:/pathwithoutextension',      '.old',     'C:/pathwithoutextension.old' ],
+        [ 'C:/pathwithoutextension',      'old',      'C:/pathwithoutextension.old' ],
+        # ~ paths
+    ],
+
+    "remove extension" => [
+        [ '.',                            undef,     ''                        ],
+        [ '/',                            undef,     '/'                       ],
+        [ '..',                           undef,     '.'                       ],
+        [ '../..',                        undef,     '../.'                    ],
+        [ '/foo/',                        undef,     '/foo'                    ], # differs from C#: /foo/
+        [ '/foo',                         undef,     '/foo'                    ],
+        [ 'foo/',                         undef,     'foo'                     ], # differs from C#: foo/
+        [ './foo',                        undef,     'foo'                     ], # differs from C#: ./foo
+        [ 'foo/.',                        undef,     'foo'                     ], # differs from C#: foo/
+        [ 'C:/temp/myfile.com.extension', undef,     'C:/temp/myfile.com'      ],
+        [ 'C:/temp/myfile.com.extension', undef,     'C:/temp/myfile.com'      ],
+        [ 'C:/pathwithoutextension',      undef,     'C:/pathwithoutextension' ],
+        [ 'C:/pathwithoutextension',      undef,     'C:/pathwithoutextension' ],
+    ],
+
+);
+
+
+
+while (@cases) {
+    my ( $subtest, $tests ) = splice( @cases, 0, 2 );
+    
+    subtest $subtest => sub {
+        for my $t (@$tests) {
+            my ( $path1, $ext, $path2 ) = @$t;
+            my $label = sprintf("%s + %s -> %s", $path1, (defined $ext ? $ext : 'undef'), $path2);
+            my $changed_path = path($path1)->change_extension($ext);
+            ok( $changed_path->stringify eq $path2, $label )
+              or diag "PATH 1:\n", explain( path($path1) ), "\nCHANGED PATH:\n", explain( $changed_path ), "\nPATH2:\n",
+              explain( path($path2) );
+        }
+    };
+}
+
+ok(1);
+
+done_testing;